Housing & Shelter
(L20Z)
IRS Verified
DX Registered
990 on File
BETTER HOMES INC
Financial strength (30%)
76/100
Reliability (20%)
55/100
Effectiveness (25%)
49/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$290K
Total Revenue
$286K
Total Expenses
$2.6M
Net Assets
5
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
69.7%
Fundraising Efficiency
N/A
Operating Reserve
111.21x
Liability-to-Asset
16.2%
Revenue Diversification
50.0%
Executive Compensation
$69K
Compared with Peers
FY 2023
Compared with 7,651 similar organizations
(United States, Housing & Shelter, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
69.7% | 87.5% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
30.3% | 11.6% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
111.2 mo | 13.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
16.2% | 27.0% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
50.0% | 92.2% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-42.8% | 4.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-5.8% | 4.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
1.6% | -7.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $290K | $286K | $2.6M | 69.7% | 5 |
| 2022 | $507K | $303K | $2.8M | 69.8% | 5 |
| 2021 | $443K | $387K | N/A | — | 4 |
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