Bethany First Steps

Analysis

Bethany First Steps is a registered charity in United States, based in Elkhorn, NE. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Bethany First Steps reported income of $788k and spending of $739k, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $531k to $788k (+49%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bethany First Steps sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NE. Charities of a similar size with the same main cause include Divas Who Win Freedom Center Inc ($788k), Reachh - Family Resource Center Inc ($788k) and Wheelchairs for Warriors ($788k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $96k (13% of expenses). Other salaries and wages came to $461k. At year end it held assets of $486k against liabilities of $13k, net assets of $473k. It reported 56 employees.