Better Together Employee Foundation

Analysis

Better Together Employee Foundation is a registered charity in United States, based in Lakeville, MN. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Better Together Employee Foundation reported income of $248k and spending of $222k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $215k to $248k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Better Together Employee Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MN. Charities of a similar size with the same main cause include Little Miami Athletic Boosters ($248k), El Dorado Foundation Inc ($248k) and Chagrin Valley Jaycees Charitable Foundation ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $175k against liabilities of $0, net assets of $175k.