Bethel Community Developmentcorporation Inc

Analysis

Bethel Community Developmentcorporation Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in August 2011, 15 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 December 2023, Bethel Community Developmentcorporation Inc reported income of $89k and spending of $85k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $337k to $89k (-73%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bethel Community Developmentcorporation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include Watson Family Foundation Inc ($89k), Atlanta Thien Tam Charity Inc ($89k) and Arc Foundation of Clinton County ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $43k. At year end it held assets of $860 against liabilities of $5,814, net assets of -$4,954. It reported 2 employees.