Be the Gift Incorporated
Analysis
Be the Gift Incorporated is a registered charity in United States, based in Loveland, CO. It received its IRS tax-exemption ruling in October 1975, 51 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Be the Gift Incorporated reported income of $508k and spending of $475k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $412k to $508k (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 92% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Be the Gift Incorporated sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include Seminario Reformado ($508k), Behold Ministries Inc ($508k) and Ministerios El Jordan ($507k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $62k (13% of expenses). Other salaries and wages came to $8,540. At year end it held assets of $624k against liabilities of $204k, net assets of $420k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Seminario Reformado | Sanford | $508k |
| Behold Ministries Inc | Locust Grove | $508k |
| Ministerios El Jordan | Carthage | $507k |
| Lassid Ministries Inc | Milwaukee | $508k |