Better Bennington Corporation

Analysis

Better Bennington Corporation is a registered charity in United States, based in Bennington, VT. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Better Bennington Corporation reported income of $153k and spending of $148k, spending 97% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $149k to $153k (+2.7%), an average of +1.3% a year. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Better Bennington Corporation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 38th percentile within VT. Charities of a similar size with the same main cause include Voices of Kentuckiana Inc ($153k), Music for the Soul Inc ($153k) and Rubicon Productions Inc ($153k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 74% of the total. At year end it held assets of $58k against liabilities of $5,465, net assets of $53k.