Barnabas Stewardship Organization

Analysis

Barnabas Stewardship Organization is a registered charity in United States, based in Wichita Falls, TX. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Barnabas Stewardship Organization reported income of $73k and spending of $70k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $100k to $73k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Barnabas Stewardship Organization sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Saint Basil Coffee ($73k), Triple C Community Outreach Inc ($73k) and Grandi Nan Nou Home Ministries ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.