Bethany House of Northern Virginia Inc

Analysis

Bethany House of Northern Virginia Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in August 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Bethany House of Northern Virginia Inc reported income of $777k and spending of $861k, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $777k (-35%), an average of -10% a year. The sharpest change came in the year to June 2022, when income rose by 143%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bethany House of Northern Virginia 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 76th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Refugee Care Collective ($777k), Fresh Start Self Improvement Center Inc ($777k) and Ardsley Childrens Center Inc ($777k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 106% of the total. Compensation of current officers, directors and key employees was $86k (9.9% of expenses). Other salaries and wages came to $248k. It paid $47k in professional fundraising fees. At year end it held assets of $1.8m against liabilities of $397k, net assets of $1.5m. It reported 3 employees.