Foundation for the Support of St Barbara Orthodox Monastery

Analysis

Foundation for the Support of St Barbara Orthodox Monastery is a registered charity in United States, based in Santa Paula, CA. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2022, Foundation for the Support of St Barbara Orthodox Monastery reported income of $668k and spending of $202k, leaving 70% of income unspent that year. Across the 4 years on record, from July 2019 to July 2022, income grew from $167k to $668k (+299%), an average of +59% a year. The sharpest change came in the year to July 2022, when income rose by 362%. Over the whole period it spent 58% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Foundation for the Support of St Barbara Orthodox Monastery sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Operation Light Force ($668k), Heart2heart Senior Outreach of South Florida Inc ($668k) and Ministerio Cristiano Faro de Luz ($667k).

On its Form 990 for the period ending July 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $3.5m against liabilities of $1.1m, net assets of $2.4m.