A Better Chance Strath Haven Inc

Analysis

A Better Chance Strath Haven Inc is a registered charity in United States, based in Swarthmore, PA. It received its IRS tax-exemption ruling in April 1975, 51 years ago. 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 2022, A Better Chance Strath Haven Inc reported income of $133k and spending of $141k, spending 106% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income grew from $126k to $133k (+5.4%), an average of +1.8% a year. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, A Better Chance Strath Haven Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Illinois Churches in Action ($133k), Robertson County Go-Texan Committee Inc ($133k) and Friends of Mid-Missouri Fisher House Inc ($133k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $38k. At year end it held assets of $378k against liabilities of $0, net assets of $378k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.