Bethel Renewal Center a NJ Nonprofit Corporation

Analysis

Bethel Renewal Center a NJ Nonprofit Corporation is a registered charity in United States, based in Montville, NJ. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bethel Renewal Center a NJ Nonprofit Corporation reported income of $852k and spending of $866k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $441k to $852k (+93%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 134%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bethel Renewal Center a NJ Nonprofit Corporation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include Saint Thomas Aquinas Housing ($851k), New Horizon Center Inc ($852k) and Berean Call ($851k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $75k (8.7% of expenses). Other salaries and wages came to $17k. At year end it held assets of $482k against liabilities of $11k, net assets of $471k. It reported 6 employees.