Bethany Community Middle School Inc

Analysis

Bethany Community Middle School Inc is a registered charity in United States, based in Summerfield, NC. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bethany Community Middle School Inc reported income of $6.8m and spending of $7.2m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.7m to $6.8m (+85%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bethany Community Middle School Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include Florida for Online Education Inc ($6.8m), Eastern Kansas Christian Schools ($6.8m) and Lubbock Christian School ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $98k (1.3% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $14.1m against liabilities of $13.9m, net assets of $202k. It reported 90 employees.