Believers International Inc

Analysis

Believers International Inc is a registered charity in United States, based in Elizabethton, TN. It received its IRS tax-exemption ruling in July 1973, 53 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Believers International Inc reported income of $275k and spending of $274k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $204k to $275k (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Believers International Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 61st percentile within TN. Charities of a similar size with the same main cause include Son Shine Ministries Inc ($275k), Patriot Hunts Inc ($275k) and Emergency Medical Services Coord Council of S E Az ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.2% of the total. At year end it held assets of $374k against liabilities of $111k, net assets of $264k.