Better Boys Foundation

Analysis

Better Boys Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2024, Better Boys Foundation reported income of $1.3m and spending of $794k, leaving 40% of income unspent that year. Across the 4 years on record, from June 2019 to June 2024, income grew from $815k to $1.3m (+61%), an average of +17% a year. The sharpest change came in the year to June 2020, when income dropped by 100%. Over the whole period it spent 85% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Better Boys Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include Proteknon Foundation ($1.3m), Wisconsin 4-H Foundation Inc ($1.3m) and Hill Country District Juniorlivestock Show Association ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 22% and program service revenue 77% of the total. At year end it held assets of $541k against liabilities of $327k, net assets of $213k.