Bethesda Foundation for Children

Analysis

Bethesda Foundation for Children is a registered charity in United States, based in Meadville, PA. It received its IRS tax-exemption ruling in April 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 for Children reported income of $2.2m and spending of $1.5m, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.2m (+37%), an average of +8.3% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bethesda Foundation for Children sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include Community Coordinated Child Care of St Joseph County Incorporated 3517 ($2.2m), Hispanic Resource Center of Larchmont Mamaroneck Inc ($2.2m) and Kingdom Kare ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 54% of the total. At year end it held assets of $18.0m against liabilities of $8.7m, net assets of $9.2m.