Barnabas Ministries Inc

Analysis

Barnabas Ministries Inc is a registered charity in United States, based in Emlenton, PA. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Inc reported income of $154k and spending of $192k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $84k to $154k (+84%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Barnabas Ministries Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within PA. Charities of a similar size with the same main cause include Puentes de Esperanza Internacional ($154k), Vidya Vikas Charitable Trust Inc ($154k) and Home of Refuge International Inc ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $36k (19% of expenses). At year end it held assets of $39k against liabilities of $0, net assets of $39k.