Barnabas & Co

Analysis

Barnabas & Co is a registered charity in United States, based in Fullerton, CA. It received its IRS tax-exemption ruling in September 2021, 5 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, Barnabas & Co reported income of $186k and spending of $165k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $130k to $186k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Barnabas & Co sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Sankata Mochana Hanuman Temple Inc ($186k), Swallow S Nest Ministries Inc ($186k) and New York Presbyterian Theological Seminary of the Gneral Assembly of ($186k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. At year end it held assets of $107k against liabilities of $11k, net assets of $96k.