Bethel Pace Centre

Analysis

Bethel Pace Centre is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 1994, 32 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 June 2022, Bethel Pace Centre reported income of $448k and spending of $493k, spending 110% of what it took in. Across the 3 years on record, from June 2019 to June 2022, income grew from $399k to $448k (+12%), an average of +5.9% a year. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bethel Pace Centre sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Japan United States Teaching Inc ($448k), National Sorority of Phi Delta Kappa ($448k) and Amateur Athletic Union of the United State Inc ($448k).

On its Form 990 for the period ending June 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $114k. At year end it held assets of $1.2m against liabilities of $1.6m, net assets of -$406k.

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.