Better World Education

Analysis

Better World Education is a registered charity in United States, based in Menlo Park, CA. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 World Education reported income of $247k and spending of $89k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $247k (+154%), an average of +154% a year. The sharpest change came in the year to December 2023, when income rose by 154%. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Better World Education sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Reading Is Fundamental of Northern Virginia Inc ($247k), Serve the Children ($247k) and Sheen Educational Foundation ($247k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $239k against liabilities of $0, net assets of $239k.