Believers Voice Network

Analysis

Believers Voice Network is a registered charity in United States, based in Marion, IL. It received its IRS tax-exemption ruling in April 1991, 35 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 May 2024, Believers Voice Network reported income of $289k and spending of $254k, spending 88% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $251k to $289k (+15%), an average of +3.5% a year. The sharpest change came in the year to May 2024, when income rose by 20%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Believers Voice Network sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Worshipers of the King Ministries Assembly of God ($289k), Tag Kids Club ($289k) and Preparing the Way Ministries Inc ($289k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 81% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $38k (15% of expenses). Other salaries and wages came to $62k. At year end it held assets of $363k against liabilities of $44k, net assets of $319k. It reported 9 employees.