Bethany Christian Academy

Analysis

Bethany Christian Academy is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Bethany Christian Academy reported income of $613k and spending of $659k, spending 108% of what it took in. Across the 5 years on record, from July 2019 to July 2024, income grew from $331k to $613k (+85%), an average of +17% a year. The sharpest change came in the year to July 2021, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bethany Christian Academy sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Friends of Lane ($613k), Arms Around Ba Inc ($613k) and Montana Learning Center at Canyon Ferry Lake Inc ($612k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $567k (86% of expenses). Other salaries and wages came to $1,905. At year end it held assets of $3,638 against liabilities of $0, net assets of $3,638. It reported 24 employees.