Betterhumans Inc

Analysis

Betterhumans Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 2022, Betterhumans Inc reported income of $6.1m and spending of $2.0m, leaving 67% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.4m to $6.1m (+327%), an average of +62% a year. The sharpest change came in the year to December 2022, when income rose by 172%. Over the whole period it spent 52% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Betterhumans Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Mental Health Assoc of San Mateo County ($6.1m), GBS Cidp Foundation International ($6.1m) and AIDS Care Ocean State Inc ($6.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $466k. At year end it held assets of $5.9m against liabilities of $0, net assets of $5.9m. It reported 9 employees.