Bethel Hope Inc

Analysis

Bethel Hope Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bethel Hope Inc reported income of $114k and spending of $111k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $114k (+13%), an average of +13% a year. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bethel Hope Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within TN. Charities of a similar size with the same main cause include Pilgrim Center Inc ($114k), Ministerio Cristiano Internacional Casa Del Alfarero ($114k) and Mitch Marsh Ministries ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.