A Better Childhood Inc

Analysis

A Better Childhood Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2015, 11 years ago. 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, A Better Childhood Inc reported income of $965k and spending of $1.4m, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $965k (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2020, when income rose by 49%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, A Better Childhood Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Billy Martin Child Development Day Care Center Inc ($965k), I2i Center for Integrative Health ($965k) and Brendan Senior Housing Corporation ($964k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $392k (29% of expenses). Other salaries and wages came to $504k. At year end it held assets of $1.4m against liabilities of $198k, net assets of $1.2m. It reported 12 employees.