Bedlam Inc

Analysis

Bedlam Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Bedlam Inc reported income of $1.1m and spending of $1.2m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $707k to $1.1m (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 149%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bedlam Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include National Christian Charitable Foundation Inc ($1.1m), United Way of the Northwest Alabama Inc ($1.1m) and American Friends of Matan Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $110k (9.5% of expenses). Other salaries and wages came to $435k. At year end it held assets of $272k against liabilities of $31k, net assets of $241k. It reported 80 employees.