A Better Way Inc

Analysis

A Better Way Inc is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, A Better Way Inc reported income of $11.9m and spending of $12.3m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $12.4m to $11.9m (-4.3%), an average of -1.1% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Better Way Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Toledo Northwestern Ohio Foodbank Inc ($11.9m), Community in Motion ($11.9m) and Nebraska Childrens Home Society Inc ($11.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $217k (1.8% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $6.2m against liabilities of $4.5m, net assets of $1.6m. It reported 151 employees.