Bethhaven Inc

Analysis

Bethhaven Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in February 1982, 44 years ago. 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 June 2024, Bethhaven Inc reported income of $1.2m and spending of $1.1m, spending 94% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $735k to $1.2m (+59%), an average of +9.8% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bethhaven Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within CO. Charities of a similar size with the same main cause include Justice Defense Fund ($1.2m), Washington County Christian School Inc ($1.2m) and Action Institute NC ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 10% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $90k (8.1% of expenses). Other salaries and wages came to $608k. At year end it held assets of $718k against liabilities of $89k, net assets of $629k. It reported 20 employees.