Better Man Inc

Analysis

Better Man Inc is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Better Man Inc reported income of $1.7m and spending of $1.7m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.7m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2022, when income rose by 82%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Better Man Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Adoptive and Foster Family Coalition of New York Inc ($1.7m), Presumpscot Regional Land Trust Inc ($1.7m) and Memphis Center City Development Corporation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 10% of the total. Other salaries and wages came to $191k. At year end it held assets of $312k against liabilities of $15k, net assets of $297k. It reported 4 employees.