Believe It Foundation

Analysis

Believe It Foundation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 It Foundation reported income of $528k and spending of $536k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $528k (+103%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 106%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Believe It Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Minnesota Community Health Worker Alliance ($528k), D & D Residential Inc ($528k) and National Breast Center Foundation ($528k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $72k (13% of expenses). It paid $27k in professional fundraising fees. At year end it held assets of $464k against liabilities of $1,593, net assets of $462k. It reported 1 employees.