Bethlehem House

Analysis

Bethlehem House is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending June 2023, Bethlehem House reported income of $1.7m and spending of $1.4m, spending 81% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $980k to $1.7m (+72%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bethlehem House sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within NE. Charities of a similar size with the same main cause include Columbus Library Foundation ($1.7m), Downtown Development Committee Nonprofit Corporation ($1.7m) and Jackson Friendly Home ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $176k (13% of expenses). Other salaries and wages came to $560k. At year end it held assets of $1.5m against liabilities of -$2,662, net assets of $1.5m. It reported 26 employees.