Bethanya Vision Trust

Analysis

Bethanya Vision Trust is a registered charity in United States, based in Lake Stevens, WA. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bethanya Vision Trust reported income of $197k and spending of $141k, leaving 28% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $204k to $197k (-3.5%), an average of -1.8% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bethanya Vision Trust sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within WA. Charities of a similar size with the same main cause include Maine Dairy and Nutrition Council ($197k), By Their Side Inc ($197k) and Casa 10th Judicial District ($197k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.