Bethesda Healthcare Inc

Analysis

Bethesda Healthcare Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in October 1982, 44 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bethesda Healthcare Inc reported income of $25.3m and spending of $24.6m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $26.1m to $25.3m (-3.0%), an average of -0.8% a year. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bethesda Healthcare Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Calvert Health System Inc ($25.3m), Community Hospitals and Wellness Centers ($25.3m) and Heartspring Inc ($25.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.7% and program service revenue 84% of the total. Other salaries and wages came to $13.5m. At year end it held assets of $18.4m against liabilities of $25.1m, net assets of -$6.7m. It reported 308 employees.