Big Brothers Big Sisters of Palm Beach and Martin Counties Inc
Analysis
Big Brothers Big Sisters of Palm Beach and Martin Counties Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in September 1986, 40 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 2024, Big Brothers Big Sisters of Palm Beach and Martin Counties Inc reported income of $1.4m and spending of $1.1m, leaving 21% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $851k to $1.4m (+59%), an average of +9.8% a year. The sharpest change came in the year to June 2022, when income rose by 20%. 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 Palm Beach and Martin Counties Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Allegheny West Foundation ($1.4m), Uscgst Inc ($1.4m) and Antioch Network Inc ($1.4m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $708k. At year end it held assets of $754k against liabilities of $39k, net assets of $715k. It reported 20 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Other 3.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Allegheny West Foundation | Philadelphia | $1.4m |
| Uscgst Inc | Santa Clara | $1.4m |
| Antioch Network Inc | Austin | $1.4m |
| Family Abuse Shelter of Miami County Inc | Troy | $1.4m |