Bethany Christian Services Inc

Analysis

Bethany Christian Services Inc is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in September 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bethany Christian Services Inc reported income of $28.9m and spending of $29.0m, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $20.7m to $28.9m (+40%), an average of +6.9% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bethany Christian Services Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MI. Charities of a similar size with the same main cause include Mennonite Home of Albany Inc ($28.9m), Covenant Living at Shannondale ($28.9m) and Foodbank of Santa Barbara County ($28.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $1.6m (5.5% of expenses). Other salaries and wages came to $14.0m. It paid $84k in professional fundraising fees. At year end it held assets of $50.7m against liabilities of $11.7m, net assets of $39.1m. It reported 170 employees.

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.