The Barn for the Poorest of the Poor Inc

Analysis

The Barn for the Poorest of the Poor Inc is a registered charity in United States, based in N Middletown, NJ. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Barn for the Poorest of the Poor Inc reported income of $135k and spending of $101k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $135k (+100%), an average of +100% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Barn for the Poorest of the Poor Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 52nd percentile within NJ. Charities of a similar size with the same main cause include Bridge of Hope Ministries Inc ($135k), Recreation and Athletics for the Disabled ($135k) and Lake Band Booster Club ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $324k against liabilities of $0, net assets of $324k.