Network for Better Futures

Analysis

Network for Better Futures is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Network for Better Futures reported income of $4.5m and spending of $3.6m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $4.5m (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 102% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Network for Better Futures sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Morningside Center for Teaching Social Responsibility Inc ($4.4m), Disability Rights Maine ($4.5m) and ACLU Foundation of Texas Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $137k (3.8% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.7m against liabilities of $1.6m, net assets of $53k. It reported 139 employees.