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Better Health Better Life Inc

RegisteredEIN 46-4638061Baltimore, MDPoverty relief
Income$376k2023-12
Spending$421ksame year
Spent / received96%4-year average
Size in its cause60th pctPoverty relief
Exempt since2024Publicly supported organisat
Employees8latest return

Analysis

Better Health Better Life Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in May 2024, 2 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 Health Better Life Inc reported income of $376k and spending of $421k, spending 112% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $225k to $376k (+67%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Better Health Better Life Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within MD. Charities of a similar size with the same main cause include Food for Life Global - Americas Inc ($376k), 55 Kip Center ($376k) and Aacts Inc ($376k).

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 $68k (16% of expenses). Other salaries and wages came to $230k. At year end it held assets of $62k against liabilities of $7,357, net assets of $54k. It reported 8 employees.

Income and spending

$0$108k$217k$325k$434k2020 Income: $224,9752020 Spending: $138,06420202021 Income: $299,7442021 Spending: $272,53620212022 Income: $412,8452022 Spending: $433,65620222023 Income: $375,9212023 Spending: $421,2752023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Food for Life Global - Americas IncWilmington$376k
55 Kip CenterRutherford$376k
Aacts IncAtlanta$376k
Charlie CenterCedar Park$376k