Barb Food Mart NFP

Analysis

Barb Food Mart NFP is a registered charity in United States, based in Dekalb, IL. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Barb Food Mart NFP reported income of $240k and spending of $149k, leaving 38% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $252k to $240k (-4.8%), an average of -4.8% a year. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Barb Food Mart NFP sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include Trinity Presbyterian School Charitable TR ($240k), Sunrise Community Foundation Inc ($240k) and Foundation for HIV AIDS Relief in South Africa ($240k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $66k. At year end it held assets of $294k against liabilities of $1,685, net assets of $292k. It reported 10 employees.