Bethel Church Foundation

Analysis

Bethel Church Foundation is a registered charity in United States, based in Cornelius, NC. It received its IRS tax-exemption ruling in August 2010, 16 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, Bethel Church Foundation reported income of $58k and spending of $4,369, leaving 92% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $79k to $58k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2022, when income rose by 160%. Over the whole period it spent 22% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bethel Church Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within NC. Charities of a similar size with the same main cause include Coshocton Community Choir Inc ($58k), Selah Christian Fellowship Inc ($58k) and Hannah Prayer Center ($58k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $913k against liabilities of $0, net assets of $913k.