Big Brothers Big Sisters of Tampa Bay Inc

Analysis

Big Brothers Big Sisters of Tampa Bay Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in November 1982, 44 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 August 2024, Big Brothers Big Sisters of Tampa Bay Inc reported income of $6.4m and spending of $5.7m, spending 89% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $4.7m to $6.4m (+36%), an average of +8.0% a year. The sharpest change came in the year to August 2021, when income rose by 25%. Over the whole period it spent 91% 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 Tampa Bay Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Church of the Valley Retirement Homes Inc ($6.4m), Houston Area Urban League Inc ($6.4m) and Child Care Solutions Inc ($6.4m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $672k (12% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $5.4m against liabilities of $795k, net assets of $4.6m. It reported 101 employees.