Bethel Home & Services Foundation Inc

Analysis

Bethel Home & Services Foundation Inc is a registered charity in United States, based in Viroqua, WI. It received its IRS tax-exemption ruling in February 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bethel Home & Services Foundation Inc reported income of $306k and spending of $380k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $248k to $306k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bethel Home & Services Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within WI. Charities of a similar size with the same main cause include Parris Island Heritage Foundation ($306k), Colorado Park Housing Corp P a H C ($306k) and Vocal Music Parents Association of Fountain Valley H S ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $30k (8.0% of expenses). Other salaries and wages came to $30k. At year end it held assets of $1.7m against liabilities of $13k, net assets of $1.7m.