Believe Big Inc

Analysis

Believe Big Inc is a registered charity in United States, based in Hunt Valley, MD. It received its IRS tax-exemption ruling in June 2012, 14 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 Big Inc reported income of $837k and spending of $809k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $653k to $837k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 50%. 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 Big Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MD. Charities of a similar size with the same main cause include Wayne Health Corporation ($837k), Breast Cancer Angels ($837k) and New Directions Center Inc ($837k).

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 $92k (11% of expenses). Other salaries and wages came to $324k. At year end it held assets of $950k against liabilities of $185k, net assets of $764k. It reported 11 employees.