True Believers Community Connections

Analysis

True Believers Community Connections is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, True Believers Community Connections reported income of $452k and spending of $518k, spending 115% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $263k to $452k (+72%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 82%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, True Believers Community Connections sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Finneytown Schools Educational Foundation Inc ($452k), Hispanic Heritage Scholarship Fund of Metro Orlando Inc ($452k) and Atlas Fellows ($452k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $135k (26% of expenses). At year end it held assets of $161k against liabilities of $134k, net assets of $27k. It reported 8 employees.