Big Brothers Big Sisters Of The Upstate Inc

Big Brothers Big Sisters Of The Upstate Inc faces recurring operational deficits despite growing assets.

EIN: 204243553 · Spartanburg, SC · NTEE: O30 · Updated: 2026-03-28

$368KRevenue
$363KGross Revenue
$439KAssets
75/100Mission Score (Good)
O30
Big Brothers Big Sisters Of The Upstate Inc Financial Summary
MetricValue
Total Revenue$368K
Total Expenses$538K
Program Spending85%
Net Assets$500K
Transparency Score75/100

Is Big Brothers Big Sisters Of The Upstate Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Big Brothers Big Sisters Of The Upstate Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Big Brothers Big Sisters Of The Upstate Inc

Big Brothers Big Sisters Of The Upstate Inc (EIN: 204243553) is a nonprofit organization based in Spartanburg, SC, classified under NTEE code O30. The organization reported total revenue of $368K and total assets of $439K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Big Brothers Big Sisters Of The Upstate Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
SmallSize Classification
12Years of Filings
MixedRevenue Trajectory

Big Brothers Big Sisters Of The Upstate Inc is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -1.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$341K
Total Expenses$538K
Surplus / Deficit$-196,407
Total Assets$554K
Total Liabilities$54K
Net Assets$500K
Operating Margin-57.5%
Debt-to-Asset Ratio9.8%
Months of Reserves12.4 months

Financial Health Grade: B

In 2023, Big Brothers Big Sisters Of The Upstate Inc reported a deficit of $196K with expenses exceeding revenue, holds 12.4 months of operating reserves (strong position), has a debt-to-asset ratio of 9.8% (very low leverage).

Financial Trends

Over 12 years of filings (2012–2023), Big Brothers Big Sisters Of The Upstate Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023-62.1%+28.9%-24.1%
2022+94.0%+39.8%+202.1%
2021+47.9%+3.6%+116.0%
2020-9.0%-25.3%+107.5%
2019-23.3%-17.5%-45.0%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Big Brothers Big Sisters Of The Upstate Inc demonstrates fluctuating financial health over the past decade. While the organization reported a significant revenue spike in 2022 ($901,141), this was an outlier, with most years showing revenues in the $300,000-$400,000 range. The latest filing (202306) shows expenses ($537,768) significantly exceeding revenue ($341,361), resulting in a deficit for that period. This trend of expenses often exceeding revenue is visible in multiple past filings (e.g., 2023, 2019, 2018, 2017, 2016, 2015, 2014), indicating a potential challenge in consistently operating within its means. The organization's assets have shown growth, reaching $553,730 in 2023, which is a positive sign for long-term stability compared to earlier years where assets were often below $200,000. However, the consistent operational deficits in many years suggest that while assets are growing, they might be doing so through non-operating income or specific fundraising campaigns rather than consistent operational surpluses. The lack of reported officer compensation across all filings indicates a strong commitment to directing funds towards the mission, which is a positive aspect of its spending efficiency and transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Big Brothers Big Sisters Of The Upstate Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Big Brothers Big Sisters Of The Upstate Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$341KTotal Revenue
$538KTotal Expenses
$554KTotal Assets
$54KTotal Liabilities
$500KNet Assets
  • The organization reported a deficit of $196K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 9.8%.

Executive Compensation Analysis

No officer compensation has been reported in any of the available filings, indicating that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which is highly unusual for an organization of this size and suggests a strong dedication to program spending.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Big Brothers Big Sisters Of The Upstate Inc's IRS 990 filings:

  • Frequent operational deficits (expenses exceeding revenue) in multiple years (e.g., 2023, 2019, 2018, 2017, 2016, 2015, 2014).
  • Significant revenue fluctuation, making consistent financial planning potentially challenging (e.g., $901,141 in 2022 vs. $341,361 in 2023).

Strengths

The following positive indicators were identified for Big Brothers Big Sisters Of The Upstate Inc:

  • No reported officer compensation across all filings, indicating a strong commitment to directing funds to the mission.
  • Growing asset base, reaching $553,730 in 2023, which enhances long-term stability.
  • Consistent filing of IRS 990 forms, demonstrating transparency.

Frequently Asked Questions about Big Brothers Big Sisters Of The Upstate Inc

Is Big Brothers Big Sisters Of The Upstate Inc a legitimate charity?

Big Brothers Big Sisters Of The Upstate Inc (EIN: 204243553) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $368K. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does Big Brothers Big Sisters Of The Upstate Inc spend its money?

Big Brothers Big Sisters Of The Upstate Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Big Brothers Big Sisters Of The Upstate Inc tax-deductible?

Big Brothers Big Sisters Of The Upstate Inc is registered as a tax-exempt nonprofit (EIN: 204243553). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Big Brothers Big Sisters Of The Upstate Inc's spending goes to programs?

Big Brothers Big Sisters Of The Upstate Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Big Brothers Big Sisters Of The Upstate Inc compare to similar nonprofits?

With a transparency score of 75/100 (Good), Big Brothers Big Sisters Of The Upstate Inc is above average for NTEE category O30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Big Brothers Big Sisters Of The Upstate Inc located?

Big Brothers Big Sisters Of The Upstate Inc is headquartered in Spartanburg, South Carolina and files with the IRS under EIN 204243553. It is classified under NTEE code O30.

How many years of IRS 990 filings does Big Brothers Big Sisters Of The Upstate Inc have?

Big Brothers Big Sisters Of The Upstate Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $368K in total revenue.

Is Big Brothers Big Sisters Of The Upstate Inc financially stable?

While the organization has grown its assets to $553,730 in 2023, it has frequently reported expenses exceeding revenue, such as in 2023 ($537,768 expenses vs. $341,361 revenue), suggesting ongoing operational challenges despite asset growth.

How does Big Brothers Big Sisters Of The Upstate Inc manage its expenses?

The organization frequently operates with expenses exceeding revenue, as seen in 7 out of the 10 most recent filings. This indicates a potential need for tighter expense management or more consistent revenue generation to achieve operational surpluses.

What is the trend in the organization's revenue?

Revenue has fluctuated significantly, with a peak of $901,141 in 2022, but generally ranges between $300,000 and $450,000 in other years, including $341,361 in the latest 2023 filing.

Filing History

IRS 990 filing history for Big Brothers Big Sisters Of The Upstate Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Big Brothers Big Sisters Of The Upstate Inc's revenue has declined by 13.9%, moving from $396K to $341K. Total assets increased by 68.4% over the same period, from $329K to $554K. Total functional expenses rose by 29.6%, from $415K to $538K. In its most recent filing year (2023), Big Brothers Big Sisters Of The Upstate Inc reported a deficit of $196K, with expenses exceeding revenue. The organization holds $54K in liabilities against $554K in assets (debt-to-asset ratio: 9.8%), resulting in net assets of $500K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $341K $538K $554K $54K View 990
2022 $901K $417K $729K $33K View 990
2021 $465K $298K $241K $29K
2020 $314K $288K $112K $66K View 990
2019 $345K $386K $54K $34K View 990
2018 $450K $468K $98K $37K View 990
2017 $403K $407K $108K $29K View 990
2016 $309K $374K $111K $29K View 990
2015 $369K $405K $170K $23K View 990
2014 $343K $417K $207K $24K View 990
2013 $371K $413K $288K $31K View 990
2012 $396K $415K $329K $30K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $341K, expenses of $538K, and assets of $554K (revenue -62.1% year-over-year).
  • 2022: Revenue of $901K, expenses of $417K, and assets of $729K (revenue +94.0% year-over-year).
  • 2021: Revenue of $465K, expenses of $298K, and assets of $241K (revenue +47.9% year-over-year).
  • 2020: Revenue of $314K, expenses of $288K, and assets of $112K (revenue -9.0% year-over-year).
  • 2019: Revenue of $345K, expenses of $386K, and assets of $54K (revenue -23.3% year-over-year).
  • 2018: Revenue of $450K, expenses of $468K, and assets of $98K (revenue +11.7% year-over-year).
  • 2017: Revenue of $403K, expenses of $407K, and assets of $108K (revenue +30.4% year-over-year).
  • 2016: Revenue of $309K, expenses of $374K, and assets of $111K (revenue -16.2% year-over-year).
  • 2015: Revenue of $369K, expenses of $405K, and assets of $170K (revenue +7.5% year-over-year).
  • 2014: Revenue of $343K, expenses of $417K, and assets of $207K (revenue -7.4% year-over-year).
  • 2013: Revenue of $371K, expenses of $413K, and assets of $288K (revenue -6.5% year-over-year).
  • 2012: Revenue of $396K, expenses of $415K, and assets of $329K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Big Brothers Big Sisters Of The Upstate Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Big Brothers Big Sisters Of The Upstate Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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