Better Days 2020

Analysis

Better Days 2020 is a registered charity in United States, based in Highland, UT. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Better Days 2020 reported income of $63k and spending of $57k, spending 91% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $1.1m to $63k (-95%), an average of -62% a year. The sharpest change came in the year to December 2022, when income dropped by 73%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Better Days 2020 sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within UT. Charities of a similar size with the same main cause include Caribbean-American for Community Involvement in Cflorida Inc ($63k), Working Together Pa Inc ($63k) and Florissant Old Town Partners Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 12% of the total. At year end it held assets of $152k against liabilities of $1,222, net assets of $151k.