Bethel University

Analysis

Bethel University is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in October 1997, 29 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 May 2023, Bethel University reported income of $124.9m and spending of $125.6m, spending 101% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $140.3m to $124.9m (-11%), an average of -2.9% a year. The sharpest change came in the year to May 2023, when income dropped by 24%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bethel University sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MN. Charities of a similar size with the same main cause include Ursinus College ($124.4m), Capital University ($125.1m) and Cognia Inc ($124.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 9.2% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $751k (0.6% of expenses). Other salaries and wages came to $39.8m. At year end it held assets of $220.9m against liabilities of $79.7m, net assets of $141.2m. It reported 2,318 employees.