Bethany Lutheran Open Arms Child Development Center Inc

Analysis

Bethany Lutheran Open Arms Child Development Center Inc is a registered charity in United States, based in Slidell, LA. It received its IRS tax-exemption ruling in July 1941, 85 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Bethany Lutheran Open Arms Child Development Center Inc reported income of $982k and spending of $945k, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $728k to $982k (+35%), an average of +6.2% a year. The sharpest change came in the year to June 2022, when income rose by 70%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bethany Lutheran Open Arms Child Development Center Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within LA. Charities of a similar size with the same main cause include Westminster Neighborhood Services Inc ($982k), LA Conner Sunrise Food Bank ($982k) and Hearts for Families Inc ($982k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 23% and program service revenue 75% of the total. Other salaries and wages came to $620k. At year end it held assets of $850k against liabilities of $4,920, net assets of $845k. It reported 40 employees.