Believe in the Children Inc

Analysis

Believe in the Children Inc is a registered charity in United States, based in Freeport, IL. It received its IRS tax-exemption ruling in April 2019, 7 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, Believe in the Children Inc reported income of $64k and spending of $56k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $64k (-1.8%), an average of -1.8% a year. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Believe in the Children Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within IL. Charities of a similar size with the same main cause include Seeds of Hope Worldwide Missions ($64k), R&e Family Foundation ($64k) and True North Ministries Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 87% of the total. At year end it held assets of $201k against liabilities of $40k, net assets of $161k.