Bethany Hill Place

Analysis

Bethany Hill Place is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Bethany Hill Place reported income of $1.5m and spending of $1.3m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.5m (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bethany Hill Place sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include C B Community Schools ($1.5m), Free Union Country School Inc ($1.5m) and McRae Learning Center Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $10k (0.8% of expenses). Other salaries and wages came to $183k. At year end it held assets of $2.5m against liabilities of $1.3m, net assets of $1.2m. It reported 5 employees.