New Bethany

Analysis

New Bethany is a registered charity in United States, based in Los Banos, CA. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, New Bethany reported income of $4.9m and spending of $5.4m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.8m to $4.9m (+3.2%), an average of +0.8% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Bethany sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Island Health Inc ($4.9m), Ucf Academic Health Inc ($4.9m) and Houses of Hope of Nebraska Inc ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $245k (4.5% of expenses). At year end it held assets of $9.8m against liabilities of $11.2m, net assets of -$1.4m. It reported 117 employees.