Big Brothers Big Sisters Services Inc

Analysis

Big Brothers Big Sisters Services Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in June 1977, 49 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 Services Inc reported income of $379k and spending of $645k, spending 170% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $637k to $379k (-40%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 166%. Over the whole period it spent 120% 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 Services Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Little League Baseball Inc ($379k), Chresten Tomlin Ministries Inc ($379k) and USA Hockey Inc ($379k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $88k (14% of expenses). Other salaries and wages came to $289k. At year end it held assets of $2.4m against liabilities of $692k, net assets of $1.7m. It reported 18 employees.