Bethesda Foundation Inc

Analysis

Bethesda Foundation Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in May 1974, 52 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Bethesda Foundation Inc reported income of $3.3m and spending of $25.2m, spending 757% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.7m to $3.3m (-57%), an average of -19% a year. The sharpest change came in the year to June 2021, when income rose by 691%. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bethesda Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Inspira Health Foundation Inc ($3.3m), Louisiana Rural Health Collective ($3.3m) and NCCN Foundation ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 17% of the total. At year end it held assets of $153.3m against liabilities of $14.2m, net assets of $139.1m.