The Barnabas Group--Silicon Valley

Analysis

The Barnabas Group--Silicon Valley is a registered charity in United States, based in Corona, CA. It received its IRS tax-exemption ruling in February 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, The Barnabas Group--Silicon Valley reported income of $217k and spending of $210k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $242k to $217k (-10%), an average of -10% a year. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Barnabas Group--Silicon Valley sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Kingdom Dog Ministries Inc ($217k), Freedom Christian Church Inc ($217k) and Sri Kri Ashana Bhakta Shangha Esainc ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $22k (11% of expenses). At year end it held assets of $61k against liabilities of $513, net assets of $61k.