A Better Balance

Analysis

A Better Balance is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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, A Better Balance reported income of $2.3m and spending of $3.0m, spending 131% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $2.8m to $2.3m (-18%), an average of -6.4% a year. The sharpest change came in the year to June 2021, when income rose by 50%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, A Better Balance sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Morikami Inc ($2.3m), Macon Urban Ministries Inc ($2.3m) and Apache Software Foundation ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $495k (16% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $4.8m against liabilities of $198k, net assets of $4.6m. It reported 29 employees.