Bethel Housing Community Development Inc
EIN: 581187840 · Albany, GA · NTEE: L21
| Metric | Value |
|---|---|
| Total Revenue | $948K |
| Total Expenses | $1.0M |
| Net Assets | $-747,234 |
Is Bethel Housing Community Development Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bethel Housing Community Development Inc
Bethel Housing Community Development Inc (EIN: 581187840) is a nonprofit organization based in Albany, GA, classified under NTEE code L21. The organization reported total revenue of $948K and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bethel Housing Community Development Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bethel Housing Community Development Inc is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $797K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-237,297 |
| Total Assets | $3.1M |
| Total Liabilities | $3.9M |
| Net Assets | $-747,234 |
| Operating Margin | -29.8% |
| Debt-to-Asset Ratio | 123.8% |
| Months of Reserves | 36.4 months |
Financial Health Grade: C
In 2023, Bethel Housing Community Development Inc reported a deficit of $237K with expenses exceeding revenue, holds 36.4 months of operating reserves (strong position), has a debt-to-asset ratio of 123.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bethel Housing Community Development Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.4% | +9.2% | -8.2% |
| 2022 | +5.1% | -8.9% | -1.5% |
| 2021 | +0.8% | +7.1% | -5.5% |
| 2020 | +6.5% | +10.6% | -2.5% |
| 2019 | +-0.0% | -8.3% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bethel Housing Community Development Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bethel Housing Community Development Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $237K, with expenses exceeding revenue.
- Debt-to-asset ratio: 123.8%.
Frequently Asked Questions about Bethel Housing Community Development Inc
Is Bethel Housing Community Development Inc a legitimate charity?
Bethel Housing Community Development Inc (EIN: 581187840) is a registered tax-exempt nonprofit based in Georgia. It has 13 years of IRS 990 filings on record. Total revenue: $948K. No red flags identified. Financial health grade: C.
How does Bethel Housing Community Development Inc spend its money?
Bethel Housing Community Development Inc reported $948K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bethel Housing Community Development Inc tax-deductible?
Bethel Housing Community Development Inc is registered as a tax-exempt nonprofit (EIN: 581187840). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bethel Housing Community Development Inc located?
Bethel Housing Community Development Inc is headquartered in Albany, Georgia and files with the IRS under EIN 581187840. It is classified under NTEE code L21.
How many years of IRS 990 filings does Bethel Housing Community Development Inc have?
Bethel Housing Community Development Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $948K in total revenue.
Filing History
IRS 990 filing history for Bethel Housing Community Development Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bethel Housing Community Development Inc's revenue has grown by 1.1%, moving from $788K to $797K. Total assets increased by 37.3% over the same period, from $2.3M to $3.1M. Total functional expenses rose by 56.1%, from $663K to $1.0M. In its most recent filing year (2023), Bethel Housing Community Development Inc reported a deficit of $237K, with expenses exceeding revenue. The organization holds $3.9M in liabilities against $3.1M in assets (debt-to-asset ratio: 123.8%), resulting in net assets of $-747,234.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $797K | $1.0M | $3.1M | $3.9M | — | — |
| 2022 | $900K | $948K | $3.4M | $3.9M | — | View 990 |
| 2021 | $856K | $1.0M | $3.5M | $3.9M | — | View 990 |
| 2020 | $849K | $971K | $3.7M | $4.0M | — | — |
| 2019 | $797K | $878K | $3.8M | $3.9M | — | View 990 |
| 2018 | $798K | $958K | $4.0M | $4.1M | — | View 990 |
| 2017 | $836K | $875K | $4.1M | $4.0M | — | View 990 |
| 2016 | $808K | $851K | $4.3M | $4.2M | — | View 990 |
| 2015 | $784K | $775K | $4.2M | $4.0M | — | View 990 |
| 2014 | $812K | $699K | $2.5M | $2.3M | — | View 990 |
| 2013 | $864K | $666K | $2.4M | $2.3M | — | View 990 |
| 2012 | $815K | $705K | $2.3M | $2.5M | — | View 990 |
| 2011 | $788K | $663K | $2.3M | $2.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $797K, expenses of $1.0M, and assets of $3.1M (revenue -11.4% year-over-year).
- 2022: Revenue of $900K, expenses of $948K, and assets of $3.4M (revenue +5.1% year-over-year).
- 2021: Revenue of $856K, expenses of $1.0M, and assets of $3.5M (revenue +0.8% year-over-year).
- 2020: Revenue of $849K, expenses of $971K, and assets of $3.7M (revenue +6.5% year-over-year).
- 2019: Revenue of $797K, expenses of $878K, and assets of $3.8M (revenue +-0.0% year-over-year).
- 2018: Revenue of $798K, expenses of $958K, and assets of $4.0M (revenue -4.6% year-over-year).
- 2017: Revenue of $836K, expenses of $875K, and assets of $4.1M (revenue +3.6% year-over-year).
- 2016: Revenue of $808K, expenses of $851K, and assets of $4.3M (revenue +3.0% year-over-year).
- 2015: Revenue of $784K, expenses of $775K, and assets of $4.2M (revenue -3.4% year-over-year).
- 2014: Revenue of $812K, expenses of $699K, and assets of $2.5M (revenue -6.0% year-over-year).
- 2013: Revenue of $864K, expenses of $666K, and assets of $2.4M (revenue +5.9% year-over-year).
- 2012: Revenue of $815K, expenses of $705K, and assets of $2.3M (revenue +3.4% year-over-year).
- 2011: Revenue of $788K, expenses of $663K, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bethel Housing Community Development Inc:
Data Sources and Methodology
This transparency report for Bethel Housing Community Development Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.