Duluth Bethel Society

Analysis

Duluth Bethel Society is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in April 1963, 63 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Duluth Bethel Society reported income of $2.3m and spending of $3.4m, spending 150% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.0m to $2.3m (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Duluth Bethel Society sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MN. Charities of a similar size with the same main cause include Legacy Youth Leadership International ($2.3m), Northern Essex Community College Foundation Inc ($2.3m) and Pride Center of Maryland Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $116k (3.4% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $1.2m against liabilities of $1.5m, net assets of -$371k. It reported 115 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.