Bethany Assisted Living Inc

Analysis

Bethany Assisted Living Inc is a registered charity in United States, based in Statesboro, GA. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Bethany Assisted Living Inc reported income of $4.0m and spending of $3.9m, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $7.2m to $4.0m (-44%), an average of -14% a year. The sharpest change came in the year to June 2022, when income rose by 80%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bethany Assisted Living Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within GA. Charities of a similar size with the same main cause include Musana Community Development Organization ($4.0m), Christs Hands Inc ($4.0m) and I Foster Inc ($4.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 87% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $14.1m against liabilities of $4.3m, net assets of $9.8m. It reported 140 employees.