Bethany College Endownment Fund

Analysis

Bethany College Endownment Fund is a registered charity in United States, based in Lindsborg, KS. It received its IRS tax-exemption ruling in October 1992, 34 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bethany College Endownment Fund reported income of $444k and spending of $407k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $133k to $444k (+234%), an average of +35% a year. The sharpest change came in the year to June 2022, when income rose by 224%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bethany College Endownment Fund sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within KS. Charities of a similar size with the same main cause include Tama County Day Care Inc ($444k), Hope Center for the Arts ($444k) and Columbus Home Association of Quincy Inc ($444k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $29.6m against liabilities of $0, net assets of $29.6m.