A Better Chance Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
A Better Chance Inc is a 501(c)(3) organization based in New York, New York, registered in 1972, with $3,888,973 in FY2024 revenue. CharityIndex grades it D.
253 W 35th Street 15th Floor, New York, NY, 10001 EIN 23-7173492 Since 1972
Revenue (FY2024)
$3.9M
▼ 0.9% vs prior year
Expenses (FY2024)
$5.7M
Net assets
$9.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for A Better Chance Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating19 mo reserves · -47% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For A Better Chance Inc: 19 mo reserves · -47% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for A Better Chance Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For A Better Chance Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue declined from $5.2M (FY2013) to $3.9M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $9.0MNet assets $9.2M
Operating margin
-47.1%
Spent more than it raised in the latest fiscal year.
Total assets
$18.2M
Total liabilities
$9.0M
Net assets
$9.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,888,973▼0.9% | $5,720,777▲3.2% | $9,222,807▼16.1% | $18,230,196▲8.9% | 990 |
| 2023 | $3,925,306▼27.5% | $5,542,974▲11.2% | $10,994,872▼6.6% | $16,739,776▼3.5% | 990 |
| 2022 | $5,417,712▼14.5% | $4,984,438▲21.9% | $11,766,024▼11.9% | $17,353,052▲5.3% | 990 |
| 2021 | $6,340,111▲21.4% | $4,087,658▲2.6% | $13,361,289▲22.3% | $16,472,167▲15.6% | 990 |
| 2020 | $5,220,359▲42.7% | $3,985,821▼20.1% | $10,920,941▲16.0% | $14,248,883▲12.3% | 990 |
| 2019 | $3,658,243▼3.5% | $4,986,248▲14.6% | $9,410,907▼0.5% | $12,684,460▲7.5% | 990 |
| 2018 | $3,791,237▼13.7% | $4,350,199▼2.7% | $9,457,542▼17.8% | $11,797,820▼13.1% | 990 |
| 2017 | $4,395,087▲53.7% | $4,470,862▲9.0% | $11,505,200▼12.3% | $13,572,226▼14.0% | 990 |
| 2014 | $2,859,224▼45.0% | $4,101,583▼2.4% | $13,123,148▼14.5% | $15,772,743▼9.6% | 990 |
| 2013 | $5,201,599 | $4,201,984▲1.8% | $15,352,930▲14.5% | $17,447,547▲9.3% | 990 |
| 2012 | — | $4,127,625 | $13,403,351 | $15,962,382 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $4.4M total
71 grants to A Better Chance Inc totaling $4.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $75,421 |
| Ayco Charitable Foundation | Community & human services | 2024 | $68,500 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $25,000 |
| Amalgamated Charitable Foundation Inc | General operating support | 2024 | $20,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $10,427 |
| Vermont Community Foundation | Elite education opportunities for gifted children from low income families | 2024 | $10,000 |
| Give Back Foundation | Program support | 2024 | $8,092 |
| American Online Giving Foundation Inc | General support | 2023 | $446,900 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $149,251 |
| Goldman Sachs Charitable Gift Fund | Scholarships & financial aid | 2023 | $110,000 |
| Ayco Charitable Foundation | Community & human services | 2023 | $52,500 |
| Boston Foundation Inc | Operating support/annual fund | 2023 | $25,000 |
| National Philanthropic Tr | Health | 2023 | $25,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $25,000 |
| Donor Advised Charitable Giving | Education | 2023 | $22,700 |
Frequently asked questions
- Is A Better Chance Inc a legitimate nonprofit?
- Yes. A Better Chance Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7173492, based in New York, New York. Donations are tax-deductible.
- What is A Better Chance Inc's EIN?
- A Better Chance Inc's Employer Identification Number (EIN) is 23-7173492.
- How much revenue does A Better Chance Inc report?
- A Better Chance Inc reported $3,888,973 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does A Better Chance Inc have?
- CharityIndex grades A Better Chance Inc D, based on financial health (reserves and operating margin).
More nonprofits in New York
Explore more
Data for A Better Chance Inc (EIN 23-7173492) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.