Believes Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 50,069 | 110,341 | −60,272 | 3.3 | — |
| 2014 | 147,437 | 96,049 | 51,388 | 10.2 | 0% |
| 2015 | 244,246 | 253,335 | −9,089 | 3.5 | 0% |
| 2016 | 243,034 | 230,661 | 12,373 | 4.4 | 0% |
| 2017 | 347,917 | 387,134 | −39,217 | 1.4 | 0% |
| 2018 | 295,015 | 228,938 | 66,077 | 5.9 | 0% |
| 2019 | 376,616 | 419,879 | −43,263 | 2.0 | 0% |
| 2020 | 203,599 | 224,790 | −21,191 | 2.5 | 0% |
| 2021 | 335,095 | 258,648 | 76,447 | 5.8 | 6% |
| 2023 | 711,567 | 722,041 | −10,474 | 1.6 | 34% |
In its most recent public year (2023), this organization spent $10,474 more than it brought in. Its reserves stood at about 1.6 months of spending, down from 3.3 in 2013. Staff pay was 34% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Believes Ministries's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works