Believe in His Name

Analysis

Believe in His Name is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Believe in His Name reported income of $131k and spending of $94k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $160k to $131k (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Believe in His Name sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Aviation Radio Missionary Services Inc ($131k), Daystar Institute NM Inc ($131k) and Elias Malki Middle East Gospel Outreach ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $384k against liabilities of -$2,201, net assets of $386k.