Community Betterment Organization

Analysis

Community Betterment Organization is a registered charity in United States, based in Pella, IA. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community Betterment Organization reported income of $102k and spending of $238k, spending 233% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $62k to $102k (+65%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 10736%. Over the whole period it spent 47% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Betterment Organization sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within IA. Charities of a similar size with the same main cause include Dunkirk Local Development Corporation ($102k), Community Alliance Group Inc ($102k) and Junior League of Boise Idaho ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 15% of the total. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.