Bethel Enrichment Center Incorporated

Analysis

Bethel Enrichment Center Incorporated is a registered charity in United States, based in Kannapolis, NC. It received its IRS tax-exemption ruling in July 2014, 12 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 December 2023, Bethel Enrichment Center Incorporated reported income of $253k and spending of $248k, spending 98% of its income. Across the 5 years on record, from December 2018 to December 2023, income fell from $265k to $253k (-4.4%), an average of -1.1% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bethel Enrichment Center Incorporated sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include St Edwards Catholic School Foundation Inc ($253k), Run Hard Rest Well Inc ($253k) and Tulare County Library Foundation ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 39% of the total. Other salaries and wages came to $119k. At year end it held assets of $107k against liabilities of $71k, net assets of $36k. It reported 20 employees.