A Better Chance for Our Children Inc

Analysis

A Better Chance for Our Children Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in July 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 Chance for Our Children Inc reported income of $1.8m and spending of $1.7m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.8m (-3.0%), an average of -0.7% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Better Chance for Our Children Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within DE. Charities of a similar size with the same main cause include Freedom Network USA Inc ($1.8m), Southwest KS Coordinated Transit Council Inc ($1.8m) and Relief After Violent Encounter ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $181k (10% of expenses). Other salaries and wages came to $794k. At year end it held assets of $3.2m against liabilities of $76k, net assets of $3.1m. It reported 46 employees.