Program Believe

Analysis

Program Believe is a registered charity in United States, based in Biloxi, MS. It received its IRS tax-exemption ruling in February 2022, 4 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, Program Believe reported income of $326k and spending of $291k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $324k to $326k (+0.8%), an average of +0.8% a year. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Program Believe sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within MS. Charities of a similar size with the same main cause include Fort White Community Thrift Shop Inc ($326k), Walker County Childrens Advocacy Center ($326k) and Trinity Educational Community Center ($326k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $100k. At year end it held assets of $156k against liabilities of $324, net assets of $156k. It reported 2 employees.