Mount Bethel Christian Academy Incorporated
Analysis
Mount Bethel Christian Academy Incorporated is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Mount Bethel Christian Academy Incorporated reported income of $1.2m and spending of $1.1m, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $714k to $1.2m (+65%), an average of +65% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 83% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mount Bethel Christian Academy Incorporated sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within IN. Charities of a similar size with the same main cause include Nextstep Recycling ($1.2m), FDP Foundation ($1.2m) and United Way of Stanislaus County ($1.2m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $26k (2.4% of expenses). Other salaries and wages came to $74k. At year end it held assets of $192k against liabilities of $39k, net assets of $153k. It reported 24 employees.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Nextstep Recycling | Eugene | $1.2m |
| FDP Foundation | Washington | $1.2m |
| United Way of Stanislaus County | Modesto | $1.2m |
| United Way of Southwest Oklahoma Inc | Lawton | $1.2m |