Bethany Place Inc

Analysis

Bethany Place Inc is a registered charity in United States, based in Canton, GA. It received its IRS tax-exemption ruling in April 1993, 33 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 December 2023, Bethany Place Inc reported income of $207k and spending of $207k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $232k to $207k (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bethany Place Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within GA. Charities of a similar size with the same main cause include Community Response Coalition of Kentucky Inc ($207k), Progressive Steps ($207k) and Community Service Associates Inc ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $27k. At year end it held assets of $697k against liabilities of $260k, net assets of $436k. It reported 2 employees.