Bethesda House of Schenectady Inc

Analysis

Bethesda House of Schenectady Inc is a registered charity in United States, based in Schenectady, NY. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Bethesda House of Schenectady Inc reported income of $8.7m and spending of $3.8m, leaving 56% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.9m to $8.7m (+203%), an average of +45% a year. The sharpest change came in the year to June 2023, when income rose by 133%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bethesda House of Schenectady Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Camp Kesem National ($8.7m), Farm Fresh Rhode Island ($8.7m) and Advance ($8.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 7.4% of the total. Compensation of current officers, directors and key employees was $186k (4.9% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $11.8m against liabilities of $2.7m, net assets of $9.1m. It reported 81 employees.