The Bethany House Inc

Analysis

The Bethany House Inc is a registered charity in United States, based in Southern Pnes, NC. It received its IRS tax-exemption ruling in May 1987, 39 years ago. 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, The Bethany House Inc reported income of $204k and spending of $215k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $202k to $204k (+1.0%), an average of +0.2% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Bethany House Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NC. Charities of a similar size with the same main cause include Santa Clara County Tobacco Securitization Corporation ($204k), Hundred Club of Indianapolis Inc ($204k) and Leon Volunteer Fire Department Inc ($204k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $36k (17% of expenses). Other salaries and wages came to $40k. At year end it held assets of $161k against liabilities of $27k, net assets of $134k. It reported 2 employees.