Bethesda House Corp

Analysis

Bethesda House Corp is a registered charity in United States, based in Boothwyn, PA. It received its IRS tax-exemption ruling in May 1990, 36 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 June 2024, Bethesda House Corp reported income of $1.6m and spending of $1.3m, leaving 23% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.6m to $1.6m (-0.2%), an average of +-0.0% a year. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bethesda House Corp sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Affordable Housing Opportunities Matter Inc ($1.6m), Cots Inc ($1.6m) and Littleton Section 8 Housing Corporation ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $35k (2.7% of expenses). Other salaries and wages came to $182k. At year end it held assets of $6.1m against liabilities of $1.3m, net assets of $4.8m. It reported 13 employees.