Big Brothers Big Sisters of the Sun Coast Inc

Analysis

Big Brothers Big Sisters of the Sun Coast Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in April 1978, 48 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 June 2023, Big Brothers Big Sisters of the Sun Coast Inc reported income of $4.9m and spending of $5.0m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.4m to $4.9m (+44%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 137%. Over the whole period it spent 79% 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 Sun Coast Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include The City School ($4.9m), H-C Management Services Inc ($4.9m) and The Wow Center Inc ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $154k (3.1% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $7.6m against liabilities of $2.2m, net assets of $5.4m. It reported 56 employees.