A Better World Community Development Corporation

Analysis

A Better World Community Development Corporation is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2017, 9 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 2023, A Better World Community Development Corporation reported income of $93k and spending of $106k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $93k (+12%), an average of +12% a year. Over the whole period it spent 113% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, A Better World Community Development Corporation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include We Care Wsmga ($93k), North Central Rotary Club Charity Fund Inc ($93k) and Ukrainian Gift of Life Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $634 against liabilities of $0, net assets of $634.