Barnabas Group Inc

Analysis

Barnabas Group Inc is a registered charity in United States, based in Corona, CA. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Barnabas Group Inc reported income of $106k and spending of $111k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $120k to $106k (-12%), an average of -12% a year. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Barnabas Group 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 38th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include International Bris Association Inc ($106k), Iglesia Nueva Generacion ($106k) and Global Youth Interchange ($106k).

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 $71k against liabilities of $394, net assets of $70k.