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A Better World

RegisteredEIN 56-2238007Charlotte, NCAmateur sport and recreation
Income$459k2023-12
Spending$503ksame year
Spent / received87%5-year average
Size in its cause84th pctAmateur sport and recreation
Exempt since2002Publicly supported organisat
Employees3latest return

Analysis

A Better World is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, A Better World reported income of $459k and spending of $503k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $426k to $459k (+7.8%), an average of +1.9% a year. The sharpest change came in the year to December 2020, when income rose by 15%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, A Better World sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include South Tangi Youth Soccer Association Inc ($459k), Niskayuna Soccer Club Inc ($459k) and Charlottesville Alliance Sports Club Inc ($459k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $147k (29% of expenses). Other salaries and wages came to $137k. At year end it held assets of $390k against liabilities of $8,792, net assets of $381k. It reported 3 employees.

Income and spending

$0$132k$264k$396k$528k2019 Income: $425,6092019 Spending: $351,75920192020 Income: $489,5192020 Spending: $361,96720202021 Income: $461,3932021 Spending: $365,85820212022 Income: $528,2052022 Spending: $472,88220222023 Income: $458,8312023 Spending: $503,4422023
IncomeSpending

Where the income comes from

  • Contributions & grants 71%
  • Program services 11%
  • Other 18%

Similar-sized charities, same cause

CharityLocationIncome
South Tangi Youth Soccer Association IncHammond$459k
Niskayuna Soccer Club IncSchenectady$459k
Charlottesville Alliance Sports Club IncCharlottesvle$459k
Acsc IncorporatedAlameda$459k