Big Brothers Big Sisters Greater Fredericksburg

Analysis

Big Brothers Big Sisters Greater Fredericksburg is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in January 1974, 52 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Big Brothers Big Sisters Greater Fredericksburg reported income of $318k and spending of $299k, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $244k to $318k (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Big Brothers Big Sisters Greater Fredericksburg sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within VA. Charities of a similar size with the same main cause include Sheriffs Youth Foundation of Los Angeles County ($317k), Middleton Youth Hockey Inc ($318k) and Go Far ($317k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 67% of the total. Compensation of current officers, directors and key employees was $73k (24% of expenses). Other salaries and wages came to $112k. At year end it held assets of $313k against liabilities of $5,850, net assets of $308k. It reported 7 employees.