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A Better World Foundation Unlimited Inc

RegisteredEIN 47-3285813New York, NYReligion
Income$51k2023-12
Spending$31ksame year
Spent / received29%5-year average
Size in its cause21st pctReligion
Exempt since2015Publicly supported organisat
Employees0latest return

Analysis

A Better World Foundation Unlimited 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. Its declared purposes cover religion-related, which this site groups under religion. 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 World Foundation Unlimited Inc reported income of $51k and spending of $31k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $43k to $51k (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2020, when income rose by 497%. Over the whole period it spent 29% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, A Better World Foundation Unlimited Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include Heart to Hand Ministries Inc ($51k), Just Jump Ministries Inc ($51k) and Hopeful Ways Inc ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 40% of the total. At year end it held assets of $624k against liabilities of $178k, net assets of $446k.

Income and spending

$0$64k$128k$193k$257k2019 Income: $43,0212019 Spending: $41,15920192020 Income: $256,8582020 Spending: $36,11120202021 Income: $181,8762021 Spending: $35,25920212022 Income: $77,5552022 Spending: $35,78720222023 Income: $50,5242023 Spending: $30,8622023
IncomeSpending

Where the income comes from

  • Contributions & grants 66%
  • Program services 34%

Similar-sized charities, same cause

CharityLocationIncome
Heart to Hand Ministries IncDanville$51k
Just Jump Ministries IncSedalia$51k
Hopeful Ways IncGetzville$51k
Kelee FoundationOceanside$51k