Bethany Manor Inc

Analysis

Bethany Manor Inc is a registered charity in United States, based in Story City, IA. It received its IRS tax-exemption ruling in February 1965, 61 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2022, Bethany Manor Inc reported income of $16.9m and spending of $19.0m, spending 113% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $16.5m to $16.9m (+2.7%), an average of +0.9% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bethany Manor Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IA. Charities of a similar size with the same main cause include Wraparound Services of the Hudson Valley Inc ($16.9m), Womens Care Center Inc ($16.9m) and Carolina Seniorcare ($16.9m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.9% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $235k (1.2% of expenses). Other salaries and wages came to $9.4m. At year end it held assets of $32.7m against liabilities of $29.4m, net assets of $3.4m. It reported 425 employees.