Big Brothers Big Sisters Lone Star Foundation

Analysis

Big Brothers Big Sisters Lone Star Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) 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 Lone Star Foundation reported income of $607k and spending of $391k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $336k to $607k (+81%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 497%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Big Brothers Big Sisters Lone Star Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Kaplan Family Foundation Inc ($606k), Habersham County United Way Inc ($607k) and United Way of Yavapai County Inc ($606k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $11.2m against liabilities of $63k, net assets of $11.2m.