Better Wiser Stronger Inc

Analysis

Better Wiser Stronger Inc is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Better Wiser Stronger Inc reported income of $447k and spending of $182k, leaving 59% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $219k to $447k (+104%), an average of +104% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 52% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Better Wiser Stronger Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MI. Charities of a similar size with the same main cause include Wilson Commencement Park ($447k), Georgia Brown Blosser Home for Crippled Children ($447k) and Reach Out Foundation of Bucks Co ($447k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $30k (17% of expenses). Other salaries and wages came to $42k. It paid $5,000 in professional fundraising fees. At year end it held assets of $402k against liabilities of $0, net assets of $402k.