Bethel Mens Shelter

Analysis

Bethel Mens Shelter is a registered charity in United States, based in Rock Hill, SC. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Mens Shelter reported income of $906k and spending of $779k, spending 86% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $233k to $906k (+290%), an average of +57% a year. The sharpest change came in the year to December 2021, when income rose by 128%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bethel Mens Shelter 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 78th percentile, and in the 82nd percentile within SC. Charities of a similar size with the same main cause include Greater East Syracuse Day Care Center Inc ($906k), Outside the Bowl ($906k) and Heirborn Servants Inc ($906k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.5% of the total. Compensation of current officers, directors and key employees was $34k (4.4% of expenses). Other salaries and wages came to $266k. At year end it held assets of $1.1m against liabilities of $74k, net assets of $1.0m. It reported 30 employees.