Bethany Services Inc

Analysis

Bethany Services Inc is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in January 2014, 12 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, Bethany Services Inc reported income of $96k and spending of $96k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $150k to $96k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bethany Services Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within NC. Charities of a similar size with the same main cause include Pureland Buddhist Learning Center of USA ($96k), Between Jobs Ministry ($96k) and General Association of Vietnamese Buddhist Laymen ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $5,318 against liabilities of $0, net assets of $5,318.