Big Brothers Big Sisters of Southwest Colorado

Analysis

Big Brothers Big Sisters of Southwest Colorado is a registered charity in United States, based in Durango, CO. It received its IRS tax-exemption ruling in March 1985, 41 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 Southwest Colorado reported income of $380k and spending of $342k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $356k to $380k (+6.7%), an average of +1.6% a year. The sharpest change came in the year to December 2023, when income rose by 22%. 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 Southwest Colorado sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within CO. Charities of a similar size with the same main cause include Marion YMCA Endowment Fund Inc ($380k), American Amateur Baseball Congress ($380k) and Grace Contrino Abrams Peace Education Foundation Inc ($380k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $79k (23% of expenses). Other salaries and wages came to $166k. At year end it held assets of $262k against liabilities of $29k, net assets of $234k. It reported 8 employees.