Bethesda Inc

Analysis

Bethesda Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in September 1983, 43 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 Inc reported income of $1.3m and spending of $15.8m, spending 1182% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.2m to $1.3m (-75%), an average of -29% a year. The sharpest change came in the year to June 2021, when income rose by 2410%. Over the whole period it spent 125% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bethesda Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Birmingham Healthy Start Plus Inc ($1.3m), Jack and Jill Late Stage Cancerfoundation Inc ($1.3m) and Health Equity Solutions Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 31% of the total. At year end it held assets of $207.6m against liabilities of $238k, net assets of $207.4m.