Bethel Nursing Home Co Inc

Analysis

Bethel Nursing Home Co Inc is a registered charity in United States, based in Ossining, NY. It received its IRS tax-exemption ruling in October 1970, 56 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Bethel Nursing Home Co Inc reported income of $5.5m and spending of $6.5m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.4m to $5.5m (+1.3%), an average of +0.3% a year. Over the whole period it spent 109% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bethel Nursing Home Co Inc 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 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Mason City Area Nursing Home Association Inc ($5.5m), Mariners Inn ($5.5m) and Foundation for the Accreditation of Cellular Therapy ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $177k (2.7% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $3.5m against liabilities of $9.1m, net assets of -$5.6m. It reported 83 employees.