Barnabas Ministries International

Analysis

Barnabas Ministries International is a registered charity in United States, based in Seymour, TN. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Barnabas Ministries International reported income of $81k and spending of $98k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $114k to $81k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 114% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Barnabas Ministries International sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within TN. Charities of a similar size with the same main cause include Sonrise Ministries Inc ($81k), Band of Brothers Outreach ($81k) and Iglesia de Cristo Adulam ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.