Bethany Homes and Methodist Hospital

Analysis

Bethany Homes and Methodist Hospital is a registered charity in United States, based in Glenview, IL. It received its IRS tax-exemption ruling in April 1945, 81 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Bethany Homes and Methodist Hospital reported income of $68k and spending of $169k, spending 249% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $47.9m to $68k (-100%), an average of -81% a year. The sharpest change came in the year to September 2020, when income dropped by 99%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bethany Homes and Methodist Hospital sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within IL. Charities of a similar size with the same main cause include Alabama Rural Health Association Inc ($68k), Midwife Me Ltd ($68k) and Tacc Inc ($68k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $2.5m against liabilities of $236k, net assets of $2.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.