Better Community Living Inc

Analysis

Better Community Living Inc is a registered charity in United States, based in New Bedford, MA. It received its IRS tax-exemption ruling in February 1994, 32 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Better Community Living Inc reported income of $15.4m and spending of $14.8m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $10.6m to $15.4m (+45%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Better Community Living 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 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Kershawhealth ($15.3m), Translational Genomics Research Institute Foundation ($15.4m) and Prairie Ridge Integrated Behavioral Healthcare ($15.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $369k (2.5% of expenses). Other salaries and wages came to $9.9m. At year end it held assets of $6.4m against liabilities of $3.2m, net assets of $3.2m. It reported 327 employees.