Believe Center Inc

Analysis

Believe Center Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Center Inc reported income of $523k and spending of $484k, spending 93% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $374k to $523k (+40%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Believe Center Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Big Brothers Big Sisters of South Central Ohio Inc ($523k), Parents and Children Advance Together Literacy Ministries ($523k) and Nebraska Vocational Agricultural Foundation ($523k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $224k. At year end it held assets of $92k against liabilities of $32k, net assets of $60k. It reported 4 employees.