Bethany Village Housing Development Fund Company Inc

Analysis

Bethany Village Housing Development Fund Company Inc is a registered charity in United States, based in W Coxsackie, NY. It received its IRS tax-exemption ruling in August 1978, 48 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bethany Village Housing Development Fund Company Inc reported income of $1.1m and spending of $934k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $972k to $1.1m (+13%), an average of +3.0% a year. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bethany Village Housing Development Fund Company Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Oak Woods Inc ($1.1m), Stepping Stones Shelter Inc ($1.1m) and Lodge at Ives Hill Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $262k. At year end it held assets of $2.5m against liabilities of $961k, net assets of $1.6m.