Bethany Community Inc

Analysis

Bethany Community Inc is a registered charity in United States, based in Timonium, MD. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending June 2023, Bethany Community Inc reported income of $1.6m and spending of $2.2m, spending 142% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.6m (-8.6%), an average of -2.2% a year. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bethany Community Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MD. Charities of a similar size with the same main cause include Acorn School ($1.6m), Center for Governmental Research Inc ($1.6m) and Great Lakes Hemophilia Foundation Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.8m against liabilities of $4.4m, net assets of -$2.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.