Bethel College

Analysis

Bethel College is a registered charity in United States, based in North Newton, KS. It received its IRS tax-exemption ruling in June 1958, 68 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Bethel College reported income of $31.4m and spending of $27.6m, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $15.3m to $31.4m (+105%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 80%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bethel College sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within KS. Charities of a similar size with the same main cause include Avila University ($31.4m), Scholarship Prep ($31.4m) and MC Preparatory School of Wisconsin Inc ($31.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $562k (2.0% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $69.8m against liabilities of $2.9m, net assets of $66.9m. It reported 485 employees.