Quick charity verification for Bethany Retirement Home Inc (EIN: 160988865)
Verdict: Bethany Retirement Home Inc appears trustworthy
85/100Mission Score
$7.8MRevenue
$10.4MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed functional expense breakdown in summary data limits full spending efficiency analysis
Consistent 0% officer compensation is unusual for an organization of this size and warrants further inquiry into how leadership is compensated or structured.
Strengths
Consistent financial surpluses, with revenues exceeding expenses in most reported periods (e.g., 2023 revenue $6,522,265 vs. expenses $6,139,911).
Strong asset growth, increasing from $6,790,640 in 2016 to $10,040,154 in 2023.
No reported officer compensation across all available filings, suggesting a high dedication of funds to the mission.
Long and consistent IRS 990 filing history (13 filings), indicating good transparency practices.
Spending Breakdown
How Bethany Retirement Home Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Bethany Retirement Home Inc
Is Bethany Retirement Home Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bethany Retirement Home Inc (EIN: 160988865) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Bethany Retirement Home Inc a good charity to donate to?
Bethany Retirement Home Inc has a Mission Score of 85/100. Revenue: $7.8M. Assets: $10.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bethany Retirement Home Inc?
The Employer Identification Number (EIN) for Bethany Retirement Home Inc is 160988865. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Bethany Retirement Home Inc spend its money?
Bethany Retirement Home Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bethany Retirement Home Inc's tax-exempt status?
You can verify Bethany Retirement Home Inc's tax-exempt status using EIN 160988865 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Bethany Retirement Home Inc. demonstrates consistent financial stability, with revenues generally exceeding expenses over the past decade. For instance, in 2023, revenue was $6,522,265 against expenses of $6,139,911, resulting in a surplus. The organization's assets have also shown growth, increasing from $6,790,640 in 2016 to $10,040,154 in 2023, indicating a healthy financial position and capacity for long-term operations. Liabilities have fluctuated but remain manageable relative to assets.
Spending efficiency appears sound, as the organization consistently operates with a surplus, suggesting effective management of resources. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health indicates that the majority of funds are likely directed towards its mission of providing retirement home services. The absence of reported officer compensation further suggests a focus on mission-related spending rather than high executive payouts.
Transparency is generally good, with a consistent history of 13 IRS 990 filings. The lack of reported officer compensation across all available periods is a positive indicator of financial stewardship and a potential commitment to directing resources to services rather than executive salaries. However, without detailed functional expense breakdowns, a complete assessment of spending efficiency across program, administrative, and fundraising categories is limited.