Bethel University Inc

Analysis

Bethel University Inc is a registered charity in United States, based in Mishawaka, IN. It received its IRS tax-exemption ruling in October 1948, 78 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bethel University Inc reported income of $44.5m and spending of $44.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $42.7m to $44.5m (+4.2%), an average of +1.0% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bethel University Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IN. Charities of a similar size with the same main cause include Atlanta International School Inc ($44.4m), Miss Porters School Inc ($44.5m) and Community School for Apprenticeship Learning Inc ($44.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $771k (1.7% of expenses). Other salaries and wages came to $11.5m. At year end it held assets of $48.2m against liabilities of $17.9m, net assets of $30.3m. It reported 904 employees.