Better Vision Better Hope

Analysis

Better Vision Better Hope is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Better Vision Better Hope reported income of $302k and spending of $286k, spending 95% of its income. Across the 4 years on record, from December 2018 to December 2023, income grew from $152k to $302k (+98%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 86%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Better Vision Better Hope sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Ransom Memorial Hospital Charitable Association Inc ($301k), House of Inspiration ($302k) and Greater Gift Initiative Inc ($301k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $26k (9.0% of expenses). Other salaries and wages came to $72k. At year end it held assets of $97k against liabilities of $3,410, net assets of $94k. It reported 4 employees.