El Bethel Terrace Inc

Analysis

El Bethel Terrace Inc is a registered charity in United States, based in Duarte, CA. It received its IRS tax-exemption ruling in May 1980, 46 years ago. 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 June 2024, El Bethel Terrace Inc reported income of $4.4m and spending of $2.6m, leaving 42% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.2m to $4.4m (+38%), an average of +6.6% a year. The sharpest change came in the year to June 2020, when income rose by 15%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, El Bethel Terrace Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include National Senior Communities Inc ($4.4m), Destination Imagination Inc ($4.4m) and Pilot Dogs Inc ($4.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 13% of the total. Other salaries and wages came to $482k. At year end it held assets of $14.8m against liabilities of $5.6m, net assets of $9.1m.