Bethany House of Nassau County Corporation

Analysis

Bethany House of Nassau County Corporation is a registered charity in United States, based in Roosevelt, NY. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Bethany House of Nassau County Corporation reported income of $3.0m and spending of $2.3m, leaving 22% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.2m to $3.0m (+34%), an average of +7.6% a year. The sharpest change came in the year to September 2022, when income rose by 23%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bethany House of Nassau County Corporation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Veterans & Community Housing Coalition Inc ($3.0m), Chicago Dwellings Association ($3.0m) and Rocky Mountain Community Land Trust ($3.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $239k (10% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.9m against liabilities of $125k, net assets of $3.8m. It reported 44 employees.