Bethel Lutheran Foundation

Analysis

Bethel Lutheran Foundation is a registered charity in United States, based in Williston, ND. It received its IRS tax-exemption ruling in June 1986, 40 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bethel Lutheran Foundation reported income of $2.5m and spending of $3.6m, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.5m (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bethel Lutheran Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within ND. Charities of a similar size with the same main cause include Greenwood-Edgefield-Mccormick- Abbeville Comm on Alc & Drug Abuse ($2.5m), Fresh Start Transitional Homes Inc ($2.5m) and Reading Emergency Unit Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 25% of the total. Other salaries and wages came to $340k. At year end it held assets of $13.4m against liabilities of $171k, net assets of $13.2m. It reported 10 employees.