Bethel Family Resource Center

Analysis

Bethel Family Resource Center is a registered charity in United States, based in Chicago HTS, IL. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Family Resource Center reported income of $2.7m and spending of $1.8m, leaving 33% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $569k to $2.7m (+375%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bethel Family Resource Center sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Fairbury Assisted Living Facility ($2.7m), Equality Pathways to Potential ($2.7m) and Help Ministries Inc ($2.7m).

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 $239k (13% of expenses). Other salaries and wages came to $327k. At year end it held assets of $1.2m against liabilities of $185k, net assets of $985k. It reported 50 employees.