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A Better Society

RegisteredEIN 26-3820795Chanhassen, MNPoverty relief
Income$141k2023-12
Spending$65ksame year
Spent / received70%2-year average
Size in its cause41st pctPoverty relief
Exempt since2010Publicly supported organisat
Employees–latest return

Analysis

A Better Society is a registered charity in United States, based in Chanhassen, MN. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, A Better Society reported income of $141k and spending of $65k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $141k (+117%), an average of +117% a year. The sharpest change came in the year to December 2023, when income rose by 117%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Better Society sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within MN. Charities of a similar size with the same main cause include Greater Marietta Community Food Pantry ($141k), Heros for Success Inc ($141k) and Home in Stead Inc ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.4% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.

Income and spending

$0$35k$71k$106k$141k2022 Income: $65,2042022 Spending: $79,10720222023 Income: $141,2112023 Spending: $64,5042023
IncomeSpending

Where the income comes from

  • Contributions & grants 91%
  • Program services 8.4%
  • Other 0.3%

Similar-sized charities, same cause

CharityLocationIncome
Greater Marietta Community Food PantryMarietta$141k
Heros for Success IncAlbany$141k
Home in Stead IncBurnsville$141k
Access of Wny IncBuffalo$141k