A Better Whitehaven

Analysis

A Better Whitehaven is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in November 2022, 4 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, A Better Whitehaven reported income of $68k and spending of $51k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $9,000 to $68k (+654%), an average of +654% a year. The sharpest change came in the year to December 2023, when income rose by 654%. Over the whole period it spent 73% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, A Better Whitehaven sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within TN. Charities of a similar size with the same main cause include Milton-Freewater Downtown Alliance ($68k), Japanese American Citizens League ($68k) and Rotary Club of Lancaster Foundation ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.