Better World Fund

Analysis

Better World Fund is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 World Fund reported income of $321k and spending of $318k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $285k to $321k (+12%), an average of +3.0% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Better World Fund sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within AZ. Charities of a similar size with the same main cause include Global Jothoor Foundation ($321k), Mavuno Children and Family Ministries Inc ($321k) and Rotary Action Group for Peace ($320k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.8% of the total. Other salaries and wages came to $122k. At year end it held assets of $369k against liabilities of $32k, net assets of $336k. It reported 3 employees.