Bethany Community School Foundation Inc

Analysis

Bethany Community School Foundation Inc is a registered charity in United States, based in Summerfield, NC. It received its IRS tax-exemption ruling in October 2009, 17 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 June 2023, Bethany Community School Foundation Inc reported income of $1.5m and spending of $326k, leaving 79% of income unspent that year. The sharpest change came in the year to June 2023, when income rose by 164%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bethany Community School Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Three3 Inc ($1.5m), Einstrong Foundation ($1.5m) and Rising Star Academy of NJ a NJ Nonprofit Corporation ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. At year end it held assets of $14.1m against liabilities of $9.5m, net assets of $4.6m.