Bethel Area Housing South

Analysis

Bethel Area Housing South is a registered charity in United States, based in Oak Brook, IL. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 South reported income of $423k and spending of $648k, spending 153% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $201k to $423k (+111%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 103%. Over the whole period it spent 122% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bethel Area Housing South sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IL. Charities of a similar size with the same main cause include Cushing Housing Inc ($423k), TG 305 Inc ($423k) and Vicksburg Housing Management and Development ($423k).

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 $127k. At year end it held assets of $932k against liabilities of $95k, net assets of $838k.

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.