Bethesda Center of Excellence Inc

Analysis

Bethesda Center of Excellence Inc is a registered charity in United States, based in Cabin John, MD. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Bethesda Center of Excellence Inc reported income of $146k and spending of $160k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $159k to $146k (-8.1%), an average of -8.1% a year. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bethesda Center of Excellence Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within MD. Charities of a similar size with the same main cause include Summerville Miracle League Inc ($146k), Bennington Baseball Club ($146k) and Anderson Foundation for Parks and Recreation ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.8% and program service revenue 87% of the total. At year end it held assets of $164k against liabilities of $671, net assets of $164k.