Holiness Church of God of Bethlehem Inc

Analysis

Holiness Church of God of Bethlehem Inc is a registered charity in United States, based in Lanham, MD. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Holiness Church of God of Bethlehem Inc reported income of $325k and spending of $267k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $277k to $325k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Holiness Church of God of Bethlehem Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include Meditation Center of Texas ($325k), Massey Fender Endowment Fund ($325k) and Cambridge House for Inner Peace Inc ($325k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. Compensation of current officers, directors and key employees was $45k (17% of expenses). At year end it held assets of $1.7m against liabilities of $695k, net assets of $1.0m. It reported 1 employees.