Bethany Home Society Foundation Inc

Analysis

Bethany Home Society Foundation Inc is a registered charity in United States, based in Ripon, CA. It received its IRS tax-exemption ruling in August 1999, 27 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Bethany Home Society Foundation Inc reported income of $756k and spending of $238k, leaving 68% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $523k to $756k (+45%), an average of +9.6% a year. The sharpest change came in the year to October 2021, when income rose by 82%. Over the whole period it spent 43% 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 Home Society Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Kaplan Educational Foundation ($755k), New Jersey Center for Nonprofits Inc ($757k) and Fwa of New York Inc ($755k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 70% of the total. Other salaries and wages came to $59k. At year end it held assets of $6.4m against liabilities of $922, net assets of $6.4m.