Caring for Bethlehem Inc

Analysis

Caring for Bethlehem Inc is a registered charity in United States, based in Bethlehem, CT. It received its IRS tax-exemption ruling in August 2017, 9 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, Caring for Bethlehem Inc reported income of $412k and spending of $422k, spending 102% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $280k to $412k (+47%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Caring for Bethlehem Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within CT. Charities of a similar size with the same main cause include Child and Family Advocates of Cuyahoga County ($412k), Ihe USA ($412k) and Family Promise of Greater Beloit Inc ($412k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $227k against liabilities of $0, net assets of $227k.