Bethany House of Prayer Inc

Analysis

Bethany House of Prayer Inc is a registered charity in United States, based in Arlington, MA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Bethany House of Prayer Inc reported income of $243k and spending of $252k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $215k to $243k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2020, when income rose by 67%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bethany House of Prayer Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Lien Hoa Tu ($243k), Trinity World Missions Inc ($243k) and Love and Conflict Peacemaking Ministries ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Other salaries and wages came to $90k. At year end it held assets of $538k against liabilities of $0, net assets of $538k. It reported 5 employees.