Big Brothers Big Sisters of Southwest Washington

Analysis

Big Brothers Big Sisters of Southwest Washington is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in July 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) 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 Washington reported income of $958k and spending of $996k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $841k to $958k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 96% 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 Washington sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within WA. Charities of a similar size with the same main cause include Somerset Educational Broadcasting Foundation ($957k), Hendersonville Senior Residence Board Inc ($958k) and Hillsboro Area Ambulance Service Inc ($957k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $95k (9.5% of expenses). Other salaries and wages came to $477k. At year end it held assets of $385k against liabilities of $150k, net assets of $234k. It reported 21 employees.