Barry Wood Evangelistic Association Inc

Analysis

Barry Wood Evangelistic Association Inc is a registered charity in United States, based in Prosper, TX. It received its IRS tax-exemption ruling in July 1978, 48 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Barry Wood Evangelistic Association Inc reported income of $469k and spending of $445k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $227k to $469k (+107%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Barry Wood Evangelistic Association Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Catherine of Siena Institute Inc ($469k), Mtofm Inc ($469k) and Virginia Weekday Religious Education Association Inc ($469k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $157k (35% of expenses). At year end it held assets of $195k against liabilities of $2,694, net assets of $192k. It reported 2 employees.