Better Health Foundation

Analysis

Better Health Foundation is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in July 2014, 12 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Better Health Foundation reported income of $40.9m and spending of $647k, leaving 98% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $727k to $40.9m (+5522%), an average of +174% a year. The sharpest change came in the year to June 2023, when income rose by 9675%. Over the whole period it spent 6.6% 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 Health Foundation sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within IA. Charities of a similar size with the same main cause include Air Force Academy Foundation ($40.9m), Global Charitable Fund ($40.9m) and Stark Community Foundation Inc ($40.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $28k (4.3% of expenses). Other salaries and wages came to $90k. At year end it held assets of $41.2m against liabilities of $23k, net assets of $41.1m. It reported 6 employees.