Come To Believe Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,159,038 | 119,328 | 1,039,710 | 109.6 | 74% |
| 2021 | 441,959 | 215,259 | 226,700 | 73.4 | 55% |
| 2022 | 1,369,889 | 772,392 | 597,497 | 29.7 | 49% |
| 2023 | 1,065,240 | 983,442 | 81,798 | 24.4 | 37% |
| 2024 | 2,927,616 | 2,171,407 | 756,209 | 15.3 | 13% |
In its most recent public year (2024), this organization brought in $756,209 more than it spent. Its reserves stood at about 15.3 months of spending, down from 109.6 in 2020. Staff pay was 13% of spending. $553,808 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 2024. 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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