Big Brothers-Big Sisters of East Tennessee

Analysis

Big Brothers-Big Sisters of East Tennessee is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in September 1975, 51 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Brothers-Big Sisters of East Tennessee reported income of $1.8m and spending of $1.6m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.8m (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Big Brothers-Big Sisters of East Tennessee sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within TN. Charities of a similar size with the same main cause include Northern Youth Programs of Minnesota Inc ($1.8m), Lionheart Incorporated ($1.8m) and Boys & Girls Clubs of Warwick ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $246k (15% of expenses). Other salaries and wages came to $747k. At year end it held assets of $2.1m against liabilities of $439k, net assets of $1.7m. It reported 32 employees.