We Believe Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 136,904 | 24,626 | 112,278 | 54.7 | — |
| 2022 | 232,305 | 161,582 | 70,723 | 13.6 | 63% |
| 2023 | 925,309 | 226,476 | 698,833 | 46.7 | 56% |
In its most recent public year (2023), this organization brought in $698,833 more than it spent. Its reserves stood at about 46.7 months of spending, down from 54.7 in 2021. Staff pay was 56% 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
We Believe Foundation'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