Big Brothers-Big Sisters Foundation of the Suncoast Inc

Analysis

Big Brothers-Big Sisters Foundation of the Suncoast Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in July 1987, 39 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 Foundation of the Suncoast Inc reported income of $699k and spending of $247k, leaving 65% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $238k to $699k (+194%), an average of +43% a year. The sharpest change came in the year to June 2023, when income rose by 2490%. Over the whole period it spent 42% 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 Foundation of the Suncoast Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Ozark Rape Crisis Inc ($699k), American Board of Funeral Service Education Inc ($699k) and Mercyhurst Child Learning Center Inc ($699k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.