Bethesda Place Inc

Analysis

Bethesda Place Inc is a registered charity in United States, based in Hays, KS. It received its IRS tax-exemption ruling in June 1986, 40 years ago. 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 December 2023, Bethesda Place Inc reported income of $584k and spending of $533k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $509k to $584k (+15%), an average of +3.5% a year. 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, Bethesda Place Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within KS. Charities of a similar size with the same main cause include Society for Ambulatory Anesthesia ($584k), Parent Booster USA Inc ($585k) and Twin Pines Cooperative Foundation ($584k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.1% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $73k (14% of expenses). Other salaries and wages came to $224k. At year end it held assets of $1.4m against liabilities of $7,796, net assets of $1.4m. It reported 20 employees.