Bethel University Foundation

Analysis

Bethel University Foundation is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in January 1973, 53 years ago. Its declared purposes cover education, which this site groups under education and training. 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 April 2023, Bethel University Foundation reported income of $4.9m and spending of $792k, leaving 84% of income unspent that year. Across the 5 years on record, from April 2019 to April 2023, income grew from $849k to $4.9m (+482%), an average of +55% a year. The sharpest change came in the year to April 2023, when income rose by 634%. Over the whole period it spent 40% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bethel University Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Criswell College ($4.9m), Oakwood School ($4.9m) and Community Regional Charter School ($4.9m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $23.5m against liabilities of $9.1m, net assets of $14.4m.