Bethany Home

Analysis

Bethany Home is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in March 1948, 78 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 2023, Bethany Home reported income of $9.9m and spending of $9.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.2m to $9.9m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bethany Home sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IA. Charities of a similar size with the same main cause include Set Free Alaska ($9.9m), Canton Christian Home Inc ($9.9m) and G Street Integrated Health ($9.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $123k (1.2% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $14.0m against liabilities of $559k, net assets of $13.4m. It reported 187 employees.