Bethany Nursing Home and Health Related Facility Inc

Analysis

Bethany Nursing Home and Health Related Facility Inc is a registered charity in United States, based in Horseheads, NY. It received its IRS tax-exemption ruling in December 1977, 49 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Nursing Home and Health Related Facility Inc reported income of $10.6m and spending of $10.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.5m to $10.6m (-8.0%), an average of -2.1% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bethany Nursing Home and Health Related Facility Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Luther Memorial Home ($10.5m), Purchaser Business Group on Health ($10.6m) and Easter Seal Society of Superior California ($10.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $450k (4.3% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $7.3m against liabilities of $4.9m, net assets of $2.4m. It reported 242 employees.