Barefield Development Corporation

Analysis

Barefield Development Corporation is a registered charity in United States, based in Pottsville, PA. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Barefield Development Corporation reported income of $673k and spending of $716k, spending 106% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $504k to $673k (+34%), an average of +6.0% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 128% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Barefield Development Corporation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Cornerstone Folsom Gardens Corporation I ($673k), Family Promise of Greater Johnson City Inc ($673k) and Food for All Inc ($673k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $148k. At year end it held assets of $4.8m against liabilities of $822k, net assets of $3.9m. It reported 17 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.