Bethel Charities Inc

Analysis

Bethel Charities Inc is a registered charity in United States, based in Schenectady, NY. It received its IRS tax-exemption ruling in March 2022, 4 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, Bethel Charities Inc reported income of $363k and spending of $360k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $230k to $363k (+58%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bethel Charities Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Tarrant County Association for the Blind Endowment Fund Inc ($363k), Pulaski Polka Days Inc ($363k) and Rehabilitarte Foundation Inc ($363k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 51% of the total. Other salaries and wages came to $136k. At year end it held assets of $99k against liabilities of $8,691, net assets of $90k.