Benetwood Corporation

Analysis

Benetwood Corporation is a registered charity in United States, based in Harborcreek, PA. It received its IRS tax-exemption ruling in June 1979, 47 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 (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, Benetwood Corporation reported income of $828k and spending of $806k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $766k to $828k (+8.1%), an average of +2.0% a year. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Benetwood Corporation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Pilgrims Senior Citizens Housing Development Corp ($828k), Family Promise of Delaware County ($828k) and House of Freedom Support Corporation ($828k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $226k. At year end it held assets of $3.5m against liabilities of $2.4m, net assets of $1.1m. It reported 10 employees.