Housing & Shelter
(L21)
IRS Verified
DX Registered
990 on File
A BETTER WAY MINISTRIES INC
Financial strength (30%)
100/100
Reliability (20%)
40/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$5.0M
Total Revenue
$3.1M
Total Expenses
$10.0M
Net Assets
39
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
80.5%
Fundraising Efficiency
0.0%
Operating Reserve
38.96x
Liability-to-Asset
15.6%
Revenue Diversification
45.8%
Compared with Peers
FY 2023
Compared with 3,477 similar organizations
(United States, Housing & Shelter, $1M–$10M 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
|
80.5% | 86.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
19.5% | 10.8% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 227.4% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
39.0 mo | 12.7 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
15.6% | 40.3% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
45.8% | 90.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
11.0% | 5.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
2.9% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
38.2% | 1.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $5.0M | $3.1M | $10.0M | 80.5% | 39 |
| 2022 | $4.5M | $3.0M | $8.1M | 80.2% | 34 |
| 2021 | $7.2M | $2.7M | N/A | — | 32 |
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