Bethany Lutheran Church
Analysis
Bethany Lutheran Church is a registered charity in United States, based in Jackson, MN. It received its IRS tax-exemption ruling in April 1988, 38 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Bethany Lutheran Church reported income of $89k and spending of $87k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $89k (+4.9%), an average of +4.9% a year. Over the whole period it spent 106% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bethany Lutheran Church sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within MN. Charities of a similar size with the same main cause include Boston Street Railway Association ($89k), Latin American Christian Center Inc ($89k) and Bright Bridge Foundation ($89k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $275k against liabilities of $0, net assets of $275k.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 5.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Boston Street Railway Association | Boston | $89k |
| Latin American Christian Center Inc | North Lauderdale | $89k |
| Bright Bridge Foundation | Pensacola | $89k |
| Chappaqua Childrens Book Festival Inc | Chappaqua | $89k |