Believe in Me Empowerment Corporation

Analysis

Believe in Me Empowerment Corporation is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover mental health and crisis intervention, 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 June 2023, Believe in Me Empowerment Corporation reported income of $260k and spending of $260k, spending 100% of its income. Across the 3 years on record, from June 2020 to June 2023, income fell from $467k to $260k (-44%), an average of -26% a year. The sharpest change came in the year to June 2023, when income rose by 90%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Believe in Me Empowerment Corporation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CT. Charities of a similar size with the same main cause include Baldwin Substance Abuse Services ($259k), Better2gether Rva ($260k) and The Liv Project ($259k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $7,029 against liabilities of $7,029, net assets of $0.