Big Brothers-Big Sisters of Utah Inc

Analysis

Big Brothers-Big Sisters of Utah Inc is a registered charity in United States, based in S Salt Lake, UT. It received its IRS tax-exemption ruling in September 1978, 48 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Utah Inc reported income of $2.9m and spending of $2.8m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.9m (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Big Brothers-Big Sisters of Utah Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within UT. Charities of a similar size with the same main cause include Old Crescent Insurance Company ($2.9m), Yeshiva Elementary School ($2.9m) and Jewish Culture High School Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $120k (4.3% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $2.3m against liabilities of $289k, net assets of $2.0m. It reported 50 employees.