Be Not Afraid Inc

Analysis

Be Not Afraid Inc is a registered charity in United States, based in Mooresville, NC. It received its IRS tax-exemption ruling in April 2012, 14 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, Be Not Afraid Inc reported income of $67k and spending of $113k, spending 169% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $179k to $67k (-62%), an average of -62% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 119% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Be Not Afraid Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within NC. Charities of a similar size with the same main cause include Same Boat Ministries Inc ($67k), Good News Friends Inc ($67k) and Willow Pond Farm I Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $162k against liabilities of $219, net assets of $162k.