Big Brothers Big Sisters of the Triangle Inc

Analysis

Big Brothers Big Sisters of the Triangle Inc is a registered charity in United States, based in Morrisville, NC. It received its IRS tax-exemption ruling in March 1999, 27 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 December 2023, Big Brothers Big Sisters of the Triangle Inc reported income of $548k and spending of $859k, spending 157% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $548k (-48%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 96% 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 of the Triangle Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Fields of Wheat Inc ($547k), Browns Harbor Inc ($549k) and Athens United Soccer Association Inc ($547k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% of the total. Compensation of current officers, directors and key employees was $97k (11% of expenses). Other salaries and wages came to $421k. At year end it held assets of $1.2m against liabilities of $179k, net assets of $1.1m. It reported 22 employees.