Believe Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 288,984 | 305,536 | −16,552 | -0.2 | 57% |
| 2023 | 523,180 | 484,069 | 39,111 | 1.5 | 46% |
In its most recent public year (2023), this organization brought in $39,111 more than it spent. Its reserves stood at about 1.5 months of spending, up from -0.2 in 2020. Staff pay was 46% of spending. $4,465 of its net assets are donor-restricted.
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
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