Big Brothers & Big Sisters of the Tri-State Inc

Analysis

Big Brothers & Big Sisters of the Tri-State Inc is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in March 1976, 50 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 & Big Sisters of the Tri-State Inc reported income of $499k and spending of $540k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $373k to $499k (+34%), an average of +7.5% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Big Brothers & Big Sisters of the Tri-State Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within WV. Charities of a similar size with the same main cause include Stamford Cross Road Residences Inc ($499k), Newman Living ($499k) and Naumburg Orchestral Conc ($499k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $377k against liabilities of $103k, net assets of $274k. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.