Bethel Community Education

Analysis

Bethel Community Education is a registered charity in United States, based in Rockford, MI. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bethel Community Education reported income of $835k and spending of $357k, leaving 57% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $437k to $835k (+91%), an average of +91% a year. The sharpest change came in the year to June 2023, when income rose by 91%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bethel Community Education sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include American Association of University Women-Special Projects Fund ($835k), International Town & Gown Association ($835k) and Westbury Friends School ($835k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $60k (17% of expenses). Other salaries and wages came to $139k. It paid $10k in professional fundraising fees. At year end it held assets of $1.2m against liabilities of $488k, net assets of $745k. It reported 7 employees.