Big We

Analysis

Big We is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 December 2023, Big We reported income of $1.7m and spending of $936k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $1.7m (-29%), an average of -8.3% a year. The sharpest change came in the year to December 2021, when income rose by 157%. Over the whole period it spent 31% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Big We sits at the 83rd percentile: it is larger than about 83% 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 Direct Action and Research Training ($1.7m), International Association of Black Actuaries Inc ($1.7m) and Creating Coding Careers ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $8.8m against liabilities of $2.5m, net assets of $6.3m. It reported 2 employees.