Make the World Better Foundation Inc

Analysis

Make the World Better Foundation Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2014, 12 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 December 2023, Make the World Better Foundation Inc reported income of $2.4m and spending of $993k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $555k to $2.4m (+328%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 138%. Over the whole period it spent 80% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Make the World Better Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include Gameday Inc ($2.4m), Ai4all ($2.4m) and Camp Watermarks Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Other salaries and wages came to $309k. At year end it held assets of $2.1m against liabilities of $47k, net assets of $2.1m. It reported 5 employees.