Barnabas Ministry Inc

Analysis

Barnabas Ministry Inc is a registered charity in United States, based in Liberty Lake, WA. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Ministry Inc reported income of $80k and spending of $71k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $80k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Barnabas Ministry Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 26th percentile within WA. Charities of a similar size with the same main cause include Old Zion Baptist Church ($80k), Mount Zion Center Foundation Inc ($80k) and Freedom Prison Ministries Inc ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.