Barrington Tap in Inc

Analysis

Barrington Tap in Inc is a registered charity in United States, based in Barrington, RI. It received its IRS tax-exemption ruling in June 1986, 40 years ago. 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 March 2024, Barrington Tap in Inc reported income of $651k and spending of $591k, spending 91% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $256k to $651k (+155%), an average of +26% a year. The sharpest change came in the year to March 2024, when income rose by 47%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Barrington Tap in Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within RI. Charities of a similar size with the same main cause include Cardiovascular Institute ($650k), Turkish Educational Foundation ($651k) and Yl Hearts Inc ($650k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $284k against liabilities of $0, net assets of $284k.