Bethesda Farm

Analysis

Bethesda Farm is a registered charity in United States, based in Allendale, MI. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Bethesda Farm reported income of $85k and spending of $131k, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $466k to $85k (-82%), an average of -35% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 75% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bethesda Farm sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within MI. Charities of a similar size with the same main cause include Clark Community Center Inc ($85k), Oregon Small Business Association Foundation ($85k) and Arts & Democracy Inc ($85k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Other salaries and wages came to $43k. At year end it held assets of $301k against liabilities of $0, net assets of $301k. It reported 2 employees.