Big Brothers & Sisters of Central Virginia Inc

Analysis

Big Brothers & Sisters of Central Virginia Inc is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in June 1973, 53 years ago. 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 December 2023, Big Brothers & Sisters of Central Virginia Inc reported income of $363k and spending of $324k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $314k to $363k (+16%), an average of +3.7% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Big Brothers & Sisters of Central Virginia Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within VA. Charities of a similar size with the same main cause include Southern California Kindergarten Conference Inc ($363k), Central Hardin County Fire Department Inc ($363k) and Grace Manor Ministries ($363k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $189k. At year end it held assets of $428k against liabilities of $6,845, net assets of $421k. It reported 5 employees.