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. 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 $2.4m and spending of $2.5m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $2.4m (-6.6%), an average of -1.7% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 98% 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 Utah Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within UT. Charities of a similar size with the same main cause include Youth Radio ($2.4m), The Association for the Study of African American Life and History ($2.4m) and American Academy of Anti-Aging Medicine Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $869k. At year end it held assets of $1.4m against liabilities of $469k, net assets of $953k. It reported 25 employees.