Company of Believers Inc

Analysis

Company of Believers Inc is a registered charity in United States, based in Deatsville, AL. It received its IRS tax-exemption ruling in January 2022, 4 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, Company of Believers Inc reported income of $199k and spending of $124k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $199k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Company of Believers Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within AL. Charities of a similar size with the same main cause include Leadership Revolution Inc ($199k), All for One Ministries ($199k) and Warren Culwell Ministry Inc ($199k).

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 $85k against liabilities of $0, net assets of $85k.