Bethel Area Housing Inc

Analysis

Bethel Area Housing Inc is a registered charity in United States, based in Oak Brook, IL. It received its IRS tax-exemption ruling in May 1990, 36 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bethel Area Housing Inc reported income of $429k and spending of $423k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $209k to $429k (+105%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 92%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bethel Area Housing Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within IL. Charities of a similar size with the same main cause include National Church Residences of ($429k), Cleveland Rowing Foundation ($429k) and Old Spanish Missions Inc ($429k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $89k. At year end it held assets of $338k against liabilities of $965k, net assets of -$627k.