Philanthropy & Grantmaking
(T23)
IRS Verified
DX Registered
990 on File
FOUNDATION FOR A BETTER LIFE
Financial strength (30%)
64/100
Reliability (20%)
55/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$1.3M
Total Revenue
$1.8M
Total Expenses
$1.0M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
100.0%
Fundraising Efficiency
N/A
Operating Reserve
6.82x
Liability-to-Asset
4.2%
Revenue Diversification
100.0%
Executive Compensation
$0
Compared with Peers
FY 2024
Compared with 5,337 similar organizations
(United States, Philanthropy & Grantmaking, $1M–$10M in expenses), FY 2024.
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
|
100.0% | 90.9% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
6.8 mo | 80.9 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
4.2% | 0.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 89.7% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
2.6% | 21.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
12.7% | 9.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-33.4% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.3M | $1.8M | $1.0M | 100.0% | — |
| 2023 | $1.3M | $1.6M | $1.5M | 100.0% | — |
| 2022 | $2.5M | $1.9M | $1.7M | 100.0% | — |
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