Barnabas Vision Inc

Analysis

Barnabas Vision Inc is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in August 2011, 15 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, Barnabas Vision Inc reported income of $596k and spending of $585k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $596k (+128%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Barnabas Vision Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within TN. Charities of a similar size with the same main cause include Caring and Serving Together - Cast ($596k), Hudson Valley National Center for Veteran Reintegration Inc ($597k) and Regional Institute Health Environmental Leadership ($596k).

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 $112k (19% of expenses). Other salaries and wages came to $131k. At year end it held assets of $238k against liabilities of $0, net assets of $238k. It reported 7 employees.