Barnabas Center Incorporated

Analysis

Barnabas Center Incorporated is a registered charity in United States, based in Fern BCH, FL. It received its IRS tax-exemption ruling in January 1989, 37 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2023, Barnabas Center Incorporated reported income of $6.3m and spending of $5.6m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $6.3m (+95%), an average of +18% a year. The sharpest change came in the year to June 2020, when income rose by 23%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Barnabas Center Incorporated sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Lynn Shelter Association Inc ($6.3m), Genesis Housing Services ($6.3m) and Friends Rehabilitation Program Inc ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 18% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $5.6m against liabilities of $301k, net assets of $5.3m. It reported 38 employees.