Bethel House Incorporated

Analysis

Bethel House Incorporated is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Bethel House Incorporated reported income of $61k and spending of $122k, spending 199% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $62k to $61k (-0.6%), an average of -0.1% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 145% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bethel House Incorporated sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within CO. Charities of a similar size with the same main cause include Peoples Opportunity Fund ($61k), Silver Flower Homes Inc ($61k) and Transgender Assistance Program of Virginia ($61k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $724k against liabilities of $1,625, net assets of $723k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.