Barnabas Horse Foundation

Analysis

Barnabas Horse Foundation is a registered charity in United States, based in Murrells Inlt, SC. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 Horse Foundation reported income of $408k and spending of $463k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $453k to $408k (-9.9%), an average of -2.6% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Barnabas Horse Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within SC. Charities of a similar size with the same main cause include American Neuropsychiatric Association ($408k), Pacific Pregnancy Clinic ($408k) and Alternatives Pregnancy Center Inc ($408k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $120k (26% of expenses). Other salaries and wages came to $84k. At year end it held assets of $379k against liabilities of $9,591, net assets of $370k. It reported 8 employees.