Athletes for a Better World Inc

Analysis

Athletes for a Better World Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2022, Athletes for a Better World Inc reported income of $84k and spending of $155k, spending 186% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $208k to $84k (-60%), an average of -60% a year. The sharpest change came in the year to December 2022, when income dropped by 60%. Over the whole period it spent 117% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Athletes for a Better World Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within GA. Charities of a similar size with the same main cause include Dante Foundation of Nassau County Inc ($84k), Rip City Riders ($84k) and Sertoma Inc ($84k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 111% and program service revenue 0.2% of the total. At year end it held assets of $23k against liabilities of $12k, net assets of $11k.