Bethany House Services Holding Inc

Analysis

Bethany House Services Holding Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bethany House Services Holding Inc reported income of $714k and spending of $675k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $461 to $714k (+154757%), an average of +3835% a year. The sharpest change came in the year to December 2022, when income rose by 51617%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bethany House Services Holding Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Chinuch Yehudi Inc ($713k), Childrens Jubilee Fund ($714k) and Sisters for Life Education Fund Inc ($713k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $18.2m against liabilities of $18.2m, net assets of $16k.