Believe Jesus Ministries

Analysis

Believe Jesus Ministries is a registered charity in United States, based in Fairbury, IL. It received its IRS tax-exemption ruling in March 2024, 2 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Believe Jesus Ministries reported income of $143k and spending of $20k, leaving 86% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $3,460 to $143k (+4033%), an average of +110% a year. The sharpest change came in the year to December 2019, when income rose by 274%. Over the whole period it spent 24% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Believe Jesus Ministries sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within IL. Charities of a similar size with the same main cause include Winn Employee Relief Fund ($143k), Faith in Action Fremont County ($143k) and People Bridge ($143k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $214k against liabilities of $40k, net assets of $174k.