Historic Bethel Baptist Church Community Restoration Fund

Analysis

Historic Bethel Baptist Church Community Restoration Fund is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Historic Bethel Baptist Church Community Restoration Fund reported income of $612k and spending of $569k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $26k to $612k (+2222%), an average of +120% a year. The sharpest change came in the year to December 2020, when income rose by 613%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic Bethel Baptist Church Community Restoration Fund sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within AL. Charities of a similar size with the same main cause include Society for Research on Adolescence ($612k), Fargo-Moorhead Science Museum ($612k) and African American Resources Cultural and Heritage Society ($612k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $19k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 3 employees.