Bethany Lutheran Health Services

Analysis

Bethany Lutheran Health Services is a registered charity in United States, based in Council BLFS, IA. It received its IRS tax-exemption ruling in December 1975, 51 years ago. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2022, Bethany Lutheran Health Services reported income of $11.1m and spending of $14.5m, spending 130% of what it took in. Across the 4 years on record, from September 2019 to September 2022, income fell from $13.1m to $11.1m (-15%), an average of -5.4% a year. The sharpest change came in the year to September 2022, when income dropped by 17%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bethany Lutheran Health Services sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within IA. Charities of a similar size with the same main cause include A Better Way Services Inc ($11.1m), Advantages of Southeast Arkansas Inc ($11.1m) and Tenant Resource Center Inc ($11.1m).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $68k (0.5% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $7.8m against liabilities of $6.3m, net assets of $1.5m. It reported 300 employees.