Bethshan Foundation

Analysis

Bethshan Foundation is a registered charity in United States, based in Palos Heights, IL. It received its IRS tax-exemption ruling in October 1982, 44 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bethshan Foundation reported income of $1.0m and spending of $275k, leaving 73% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $250k to $1.0m (+313%), an average of +60% a year. The sharpest change came in the year to June 2021, when income rose by 478%. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bethshan Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Grow & Lead - Community and Youth Development ($1.0m), Louisiana Delta Services Corps Inc ($1.0m) and Legacy Endowment-The Community Foundation ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $8.8m against liabilities of $2,683, net assets of $8.8m.