Operation Barnabas Inc

Analysis

Operation Barnabas Inc is a registered charity in United States, based in Orange Park, FL. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Operation Barnabas Inc reported income of $149k and spending of $203k, spending 136% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $227k to $149k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Operation Barnabas Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include National Life Center Inc ($149k), Loudoun Agricultural & Chemical Institute Foundation Inc ($149k) and Friends of the Southfield Police ($149k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $63k (31% of expenses). At year end it held assets of $357k against liabilities of $255k, net assets of $102k. It reported 3 employees.