Barnabas Center- Richmond

Analysis

Barnabas Center- Richmond is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in July 2019, 7 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 June 2024, Barnabas Center- Richmond reported income of $737k and spending of $701k, spending 95% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $459k to $737k (+61%), an average of +10% a year. The sharpest change came in the year to June 2024, when income rose by 37%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Barnabas Center- Richmond sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within VA. Charities of a similar size with the same main cause include Street 2 Street ($737k), Soaring Eagle Promotions Inc ($737k) and Machon Harav Shach Inc ($737k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 23% and program service revenue 77% of the total. Other salaries and wages came to $515k. At year end it held assets of $269k against liabilities of $24k, net assets of $245k. It reported 10 employees.