Better Future for Israel

Analysis

Better Future for Israel is a registered charity in United States, based in Teaneck, NJ. It received its IRS tax-exemption ruling in February 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 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 Future for Israel reported income of $822k and spending of $873k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $522k to $822k (+57%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 80%. Over the whole period it spent 96% 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 Future for Israel sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include Wegiveashare Inc ($822k), Community Homes for Adults Endowment Foundation ($822k) and Pcpa Foundation a California Nonprofit Public Benefit Corp ($821k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $14k in professional fundraising fees. At year end it held assets of $100k against liabilities of $0, net assets of $100k.