Big Brothers Big Sisters of Central Arkansas Inc

Analysis

Big Brothers Big Sisters of Central Arkansas Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in May 1970, 56 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 December 2023, Big Brothers Big Sisters of Central Arkansas Inc reported income of $365k and spending of $538k, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $117k to $365k (+211%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 118%. Over the whole period it spent 146% 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 Central Arkansas Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within AR. Charities of a similar size with the same main cause include Insulators Joint Apprenticeship and Training Committee Trust Fund ($365k), Santa Cruz Valley Heritage Alliance Inc ($365k) and National Auctioneers Association Foundation ($365k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 25% of the total. Other salaries and wages came to $261k. At year end it held assets of $150k against liabilities of $149k, net assets of $1,722. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.