Historic Bethabara Park Inc

Analysis

Historic Bethabara Park Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in December 1970, 56 years ago. 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, Historic Bethabara Park Inc reported income of $55k and spending of $49k, spending 89% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $50k to $55k (+9.2%), an average of +1.8% a year. The sharpest change came in the year to June 2024, when income rose by 96%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Historic Bethabara Park Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within NC. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($55k), Blackwell Council for Youth Inc Blackwell Youth Center ($55k) and Dance Collective/Mass Movement Inc ($55k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 49% and program service revenue 12% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.