Barnes Community Development Corporation

Analysis

Barnes Community Development Corporation is a registered charity in United States, based in Barnes, KS. It received its IRS tax-exemption ruling in December 1988, 38 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Barnes Community Development Corporation reported income of $130k and spending of $118k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $130k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Barnes Community Development Corporation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within KS. Charities of a similar size with the same main cause include Ellevate Foundation Inc ($130k), Tomball Rotary Foundation ($130k) and Mobile Quarterback Club Inc ($130k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.2% and program service revenue 94% of the total. Other salaries and wages came to $37k. At year end it held assets of $80k against liabilities of $831, net assets of $80k. It reported 12 employees.