Bethesda House Inc

Analysis

Bethesda House Inc is a registered charity in United States, based in Andalusia, AL. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Bethesda House Inc reported income of $188k and spending of $199k, spending 106% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $255k to $188k (-26%), an average of -26% a year. The sharpest change came in the year to September 2023, when income dropped by 26%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bethesda House Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within AL. Charities of a similar size with the same main cause include Pineywoods Home Team Affordable Housing ($188k), Parambil Group Inc ($188k) and Nba El Redentor Apartments II ($188k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% and program service revenue 0.2% of the total. Other salaries and wages came to $125k. At year end it held assets of $166k against liabilities of $11k, net assets of $155k. It reported 16 employees.