Barka Foundation Inc

Analysis

Barka Foundation Inc is a registered charity in United States, based in Wyoming, PA. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Barka Foundation Inc reported income of $148k and spending of $120k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $136k to $148k (+8.8%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income rose by 130%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Barka Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within PA. Charities of a similar size with the same main cause include Hamilton Middle School Ptsa Seattle Council ($148k), Jewish Camp Scholarship Fund Inc ($148k) and Lincoln County Rotary Student Loan Fund Inc ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $106k against liabilities of $3,530, net assets of $102k.