A Better Life for Kids

Analysis

A Better Life for Kids is a registered charity in United States, based in Mt Prospect, IL. It received its IRS tax-exemption ruling in May 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 (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 Life for Kids reported income of $72k and spending of $70k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $101k to $72k (-29%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 107% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, A Better Life for Kids sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within IL. Charities of a similar size with the same main cause include Charitable Child Fund Inc ($72k), New Hope Association Inc ($72k) and Eway Ministry Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $408k against liabilities of $0, net assets of $408k.