Believe N Books Inc

Analysis

Believe N Books Inc is a registered charity in United States, based in Estero, FL. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Believe N Books Inc reported income of $74k and spending of $79k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $21k to $74k (+248%), an average of +248% a year. The sharpest change came in the year to December 2023, when income rose by 248%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Believe N Books Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 32nd percentile within FL. Charities of a similar size with the same main cause include Gospel Training International Inc ($74k), Norwell High School Boosters Foundation Inc ($74k) and Seacoast Educational Endowment Dover ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.