Bethany for Children & Families

Analysis

Bethany for Children & Families is a registered charity in United States, based in Moline, IL. It received its IRS tax-exemption ruling in March 1942, 84 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 June 2023, Bethany for Children & Families reported income of $8.0m and spending of $7.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.4m to $8.0m (+48%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bethany for Children & Families 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 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Hour Children Inc ($8.0m), United Friends of the Children ($8.0m) and Catholic Charities of the Diocese of LA Crosse Inc ($8.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $288k (3.6% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $9.6m against liabilities of $4.9m, net assets of $4.7m. It reported 107 employees.