Believe in Big Change Inc

Analysis

Believe in Big Change Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in January 2021, 5 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 Big Change Inc reported income of $460k and spending of $494k, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $580k to $460k (-21%), an average of -11% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Believe in Big Change Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Stand in Peace International ($460k), Southampton Daycare Ctr Inc ($460k) and Social Spin Foundation ($460k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% and program service revenue 0.3% of the total. Other salaries and wages came to $208k. At year end it held assets of $43k against liabilities of $19k, net assets of $25k. It reported 11 employees.