Both Ends Believing Inc

Analysis

Both Ends Believing Inc is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Both Ends Believing Inc reported income of $2.6m and spending of $2.8m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.6m (+134%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 106%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Both Ends Believing Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Watered Gardens ($2.6m), Niles Township Food Pantry Foundation ($2.6m) and National Chavez Center ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $382k (13% of expenses). Other salaries and wages came to $825k. At year end it held assets of $1.3m against liabilities of $22k, net assets of $1.3m. It reported 12 employees.