Bethany Home Association of Lindsborg Kansas

Analysis

Bethany Home Association of Lindsborg Kansas is a registered charity in United States, based in Lindsborg, KS. It received its IRS tax-exemption ruling in June 1946, 80 years ago. 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, Bethany Home Association of Lindsborg Kansas reported income of $12.4m and spending of $11.7m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.4m to $12.4m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bethany Home Association of Lindsborg Kansas sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within KS. Charities of a similar size with the same main cause include Changelab Solutions ($12.4m), St Francis Area Developement Center ($12.4m) and Aging Disability & Transit Services of Rockingham County ($12.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $236k (2.0% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $19.9m against liabilities of $8.8m, net assets of $11.1m. It reported 264 employees.