Charity Search / THE IBELIEVE FOUNDATION
Youth Development (O50) 990 on File

THE IBELIEVE FOUNDATION

EIN: 61-1845157 · COLUMBUS, OH 43201-7458 · United States · FY 2023 Data
3 out of 5 48 / 100 Based on 2+ years of filings
Financial strength (30%) 63/100
Reliability (20%) 45/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
Claim this Charity
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$174K
Total Revenue
$356K
Total Expenses
$28K
Net Assets
5
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 76.2%
Fundraising Efficiency N/A
Operating Reserve 0.94x
Liability-to-Asset 50.0%
Revenue Diversification 100.0%
Executive Compensation $60K
Compared with Peers
FY 2023
Compared with 5,287 similar organizations (United States, Youth Development, $100K–$1M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
76.2% 86.4%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
18.1% 9.9%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
5.8% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
0.9 mo 6.6 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
50.0% 1.2%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 94.8%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
-65.4% 9.8%
P10P90
Expense growth
Year over year expense growth
12.1% 14.7%
P10P90
Surplus margin
Surplus as a share of revenue
-105.2% 2.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $174K $356K $28K 76.2% 5
2022 $501K $318K $210K 72.1% 4
2021 $333K $253K $27K 69.3% 4
Donor Reviews
Write a Review
No reviews yet

Be the first to share your experience with this organization.


Write a Review
Minimum 20 characters
Reviews appear after moderation (usually within 24 hours)
Organization Details
EIN
61-1845157
State
OH
City
COLUMBUS
ZIP
43201-7458
Classification
O50
Category
Youth Development
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
Is this your organization?

Claim it to manage this profile, add your board, financials and impact metrics, and lift your CharityAI™ rating.

Claim this Charity
Back to Search New Search