Bethel Sanitarium Inc

Analysis

Bethel Sanitarium Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in November 1957, 69 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bethel Sanitarium Inc reported income of $507k and spending of $363k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $426k to $507k (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 247%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bethel Sanitarium Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IN. Charities of a similar size with the same main cause include Jarvis Gardens Senior Apartments Inc ($507k), Servicios Latinos de Burlington County Inc ($507k) and YWCA of San Francisco & Marin ($507k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 87% of the total. At year end it held assets of $6.7m against liabilities of $2.6m, net assets of $4.1m. It reported 225 employees.