Bethany Home Foundation Inc

Analysis

Bethany Home Foundation Inc is a registered charity in United States, based in Statesboro, GA. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Bethany Home Foundation Inc reported income of $214k and spending of $157k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $102k to $214k (+110%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 112%. Over the whole period it spent 133% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bethany Home Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within GA. Charities of a similar size with the same main cause include Canal Apartments Inc ($214k), Helping Hands Horse Rescue and Equine Therapy Inc ($214k) and Baltimore Urban Leadership Foundation Inc ($214k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 51% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.