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Making It Better

RegisteredEIN 56-2571141Houston, TXPoverty relief
Income$2.5m2023-07
Spending$2.9msame year
Spent / received95%5-year average
Size in its cause85th pctPoverty relief
Exempt since2006Publicly supported organisat
Employees107latest return

Analysis

Making It Better is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover human services, 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 July 2023, Making It Better reported income of $2.5m and spending of $2.9m, spending 114% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.2m to $2.5m (+118%), an average of +22% a year. The sharpest change came in the year to July 2021, when income rose by 81%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Making It Better sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Translash Media Inc ($2.5m), Lazarus House ($2.5m) and North Valley Food Bank Inc ($2.5m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 71% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $111k (3.9% of expenses). It paid $23k in professional fundraising fees. At year end it held assets of $1.2m against liabilities of $72k, net assets of $1.1m. It reported 107 employees.

Income and spending

$0$715k$1.4m$2.1m$2.9m2019 Income: $1,152,5712019 Spending: $1,228,97720192020 Income: $884,5782020 Spending: $1,199,94420202021 Income: $1,597,5402021 Spending: $1,295,56320212022 Income: $2,693,4702022 Spending: $1,828,98220222023 Income: $2,507,7952023 Spending: $2,860,2252023
IncomeSpending

Where the income comes from

  • Contributions & grants 70%
  • Program services 30%

Similar-sized charities, same cause

CharityLocationIncome
Translash Media IncBrooklyn$2.5m
Lazarus HouseSt Charles$2.5m
North Valley Food Bank IncWhitefish$2.5m
Kingdom PathwaysCoon Rapids$2.5m