Bethany Christian Services Inc

Analysis

Bethany Christian Services Inc is a registered charity in United States, based in Grand Rapids, MI. 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 $181.5m and spending of $177.1m, spending 98% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $118.1m to $181.5m (+54%), an average of +9.0% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bethany Christian Services Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MI. Charities of a similar size with the same main cause include Prohealth Care Inc ($177.9m), Gleaners Food Bank of Indiana Inc ($187.4m) and Second Harvest Food Bank of Central Florida Inc ($177.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $351k (0.2% of expenses). Other salaries and wages came to $73.4m. At year end it held assets of $47.2m against liabilities of $25.1m, net assets of $22.0m. It reported 2,222 employees.