Barr Center
Analysis
Barr Center is a registered charity in United States, based in St Louis Park, MN. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Barr Center reported income of $7.0m and spending of $6.3m, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.7m to $7.0m (+50%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 70% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Barr Center sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MN. Charities of a similar size with the same main cause include Providence University College and Theological Seminary ($7.0m), Charles E Cotting Charitable Corp ($7.0m) and Joshua Inc ($7.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $388k (6.1% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $9.0m against liabilities of $912k, net assets of $8.1m. It reported 19 employees.
Income and spending
Where the income comes from
- Contributions & grants 61%
- Program services 38%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Providence University College and Theological Seminary | Canada | $7.0m |
| Charles E Cotting Charitable Corp | Boston | $7.0m |
| Joshua Inc | Englewood | $7.0m |
| American Trust 33-11272-66 33-11512-98 Fbo | Wilmington | $7.0m |