Friends of Barker Inc

Analysis

Friends of Barker Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in October 1996, 30 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Barker Inc reported income of $1.0m and spending of $865k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $620k to $1.0m (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 168%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Barker Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MD. Charities of a similar size with the same main cause include Ginungagap Foundation ($1.0m), Giving Branch Foundation ($1.0m) and Eskaton Foundation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% of the total. At year end it held assets of $16.1m against liabilities of $0, net assets of $16.1m.