Bethany Home Inc

Analysis

Bethany Home Inc is a registered charity in United States, based in Womelsdorf, PA. It received its IRS tax-exemption ruling in September 1989, 37 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bethany Home Inc reported income of $17.1m and spending of $18.3m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.7m to $17.1m (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bethany Home Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include Superior Health Quality Alliance Inc ($17.1m), The Lakes Region Mental Health Center Inc ($17.1m) and Caring Hands Healthcare Centers Inc ($17.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $413k (2.3% of expenses). Other salaries and wages came to $9.7m. At year end it held assets of $4.0m against liabilities of $6.1m, net assets of -$2.1m. It reported 278 employees.