Big South Conference Inc

Analysis

Big South Conference Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in May 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Big South Conference Inc reported income of $6.8m and spending of $7.9m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.5m to $6.8m (+5.4%), an average of +1.3% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Big South Conference Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include Sojourners ($6.8m), Bokharian Jewish Community Center Inc ($6.8m) and Signature Healthcare Corporation ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $349k (4.5% of expenses). Other salaries and wages came to $618k. At year end it held assets of $9.0m against liabilities of $2.1m, net assets of $6.9m. It reported 17 employees.