A Better City Initiative Inc

Analysis

A Better City Initiative Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, A Better City Initiative Inc reported income of $328k and spending of $326k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $180k to $328k (+82%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 325%. Over the whole period it spent 127% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, A Better City Initiative Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($328k), Icla Dasilva Foundation Inc ($328k) and Grand Island Public Library Foundat Ion ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $286k against liabilities of $89k, net assets of $197k.