Charity Search / BETTER LIFE COMMUNITY DEVELOPMENT CORPORATION
Philanthropy & Grantmaking (T30) 990 on File

BETTER LIFE COMMUNITY DEVELOPMENT CORPORATION

EIN: 87-1199633 · TACOMA, WA 98422-2341 · United States · FY 2024 Data
3 out of 5 43 / 100 Based on one year of filings
Financial strength (30%) 65/100
Reliability (20%) 40/100
Effectiveness (25%) 61/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$69K
Total Revenue
$53K
Total Expenses
$17K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 100.0%
Fundraising Efficiency N/A
Operating Reserve 3.91x
Liability-to-Asset 36.8%
Revenue Diversification 100.0%
Compared with Peers
FY 2024
Compared with 21,182 similar organizations (United States, Philanthropy & Grantmaking, under $100K 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% 86.8%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
3.9 mo 122.3 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
36.8% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 94.5%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
7357.5% 9.1%
P10P90
Expense growth
Year over year expense growth
4340.6% 0.1%
P10P90
Surplus margin
Surplus as a share of revenue
23.9% 7.1%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $69K $53K $17K 100.0% —
2023 $928 $1K $632 — —
2022 $2K $871 $890 — —
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Organization Details
EIN
87-1199633
State
WA
City
TACOMA
ZIP
98422-2341
Classification
T30
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
B
Last Updated
Aug 2026
Form 990
On File
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