Big Brothers Big Sisters Association of Florida Inc

Analysis

Big Brothers Big Sisters Association of Florida Inc is a registered charity in United States, based in Coral Gable, FL. It received its IRS tax-exemption ruling in February 1996, 30 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 (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 Association of Florida Inc reported income of $7.2m and spending of $7.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.8m to $7.2m (+24%), an average of +5.4% a year. The sharpest change came in the year to June 2022, when income rose by 15%. Over the whole period it spent 99% 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 Association of Florida Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Tickets for Kids Foundation ($7.2m), National Eczema Association ($7.2m) and Kids Around the World Inc ($7.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $242k (3.4% of expenses). Other salaries and wages came to $134k. At year end it held assets of $1.3m against liabilities of $677k, net assets of $659k. It reported 4 employees.