A Better Way Foundation Abwf Inc

Analysis

A Better Way Foundation Abwf Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in December 2000, 26 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 August 2023, A Better Way Foundation Abwf Inc reported income of $2.8m and spending of $1.6m, leaving 43% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $830k to $2.8m (+235%), an average of +35% a year. The sharpest change came in the year to August 2023, when income rose by 110%. Over the whole period it spent 71% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, A Better Way Foundation Abwf Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within CT. Charities of a similar size with the same main cause include Guiding Right Inc ($2.8m), Saint Marys Foundation ($2.8m) and Recovery Lighthouse ($2.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 95% and program service revenue 4.9% of the total. Other salaries and wages came to $855k. At year end it held assets of $2.8m against liabilities of $491k, net assets of $2.3m. It reported 27 employees.