Betterlearning Inc

Analysis

Betterlearning Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Betterlearning Inc reported income of $335k and spending of $325k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $170k to $335k (+97%), an average of +98% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Betterlearning 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 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Center for Mathematics and Teachinginc ($335k), Altru Center Ny ($335k) and Assist Academy ($335k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $204k (63% of expenses). Other salaries and wages came to $43k. At year end it held assets of $29k against liabilities of $17k, net assets of $12k.