Believe Stroke Recovery Foundation

Analysis

Believe Stroke Recovery Foundation is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover health care, 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 December 2023, Believe Stroke Recovery Foundation reported income of $140k and spending of $116k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $140k (+197%), an average of +197% a year. The sharpest change came in the year to December 2023, when income rose by 197%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Believe Stroke Recovery Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NC. Charities of a similar size with the same main cause include Project Save Lives Inc ($140k), Underground Clinic Inc ($140k) and Frankie Mae Foundation ($140k).

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 $57k against liabilities of $5,000, net assets of $52k.