Bethany Christian Schools Inc

Analysis

Bethany Christian Schools Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in April 1980, 46 years ago. 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 2024, Bethany Christian Schools Inc reported income of $6.7m and spending of $5.6m, spending 84% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.0m to $6.7m (+70%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 54%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bethany Christian Schools Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within IN. Charities of a similar size with the same main cause include Bayview Foundation Inc ($6.7m), Oficina Legal Del Pueblo Unido Inc ($6.7m) and Emerge Community Development ($6.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $122k (2.2% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $17.2m against liabilities of $956k, net assets of $16.2m. It reported 115 employees.