Bethany Childrens Home Inc

Organization Overview

Bethany Childrens Home Inc is located in Womelsdorf, PA. The organization was established in 1990. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. As of 06/2022, Bethany Childrens Home Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bethany Childrens Home Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Bethany Childrens Home Inc generated $5.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $2.2m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (14.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE ADMINISTRATIVE, MANAGEMENT, PLANNING, AND BUDGETING SERVICES TO BETHANY HOME, INC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BETHANY CHILDREN'S HOME, INC. IS A BENEFICIARY UNDER MANY TRUSTS. ANNUAL DISTRIBUTIONS FROM THE TRUSTS HAVE BEEN RECORDED AS REVENUE IN UNRESTRICTED NET ASSETS. BETHANY IS A BENEFICIARY IN ONE TEMPORARY TRUST IN WHICH THE INCOME DISTRIBUTION IS USED TO HELP GRADUATING RESIDENTS OF BETHANY HOME, INC. PURSUE INTERESTS IN HIGHER EDUCATION. NET ASSETS WERE RELEASED FROM DONOR RESTRICTIONS BY INCURRING THE EXPENSES SATISFYING THE RESTRICTED PURPOSES OF HIGHER EDUCATION, BUILDING AND GROUNDS MAINTENANCE, HEALTH-RELATED EXPENSES AND HOLIDAY EXPENSES. PERMANENTLY RESTRICTED NET ASSETS ARE RESTRICTED IN PERPETUITY, THE INCOME FROM WHICH IS EXPENDABLE TO SUPPORT HIGHER EDUCATION, BUILDING AND GROUNDS MAINTENANCE AND ACTIVITIES OF THE ORGANIZATION. SEE SCHEDULE O FOR CONTINUATION.THIS FINANCIAL INTERRELATIONSHIP FOSTERS CONTINUAL GROWTH AND SUPPORT IN THE DEVELOPMENT OF BETHANY HOME'S PROGRAMS. BETHANY HOME OPERATES A 24-HOUR RESIDENTIAL CARE FACILITY FOR DEPENDENT AND NEGLECTED YOUTH ON THE 100+ ACRE CAMPUS IN RURAL WOMELSDORF, PA. THE LAND AND BUILDINGS ARE OWNED AND OPERATED BY BETHANY CHILDREN'S HOME INC., A RELATED ENTITY, AND RENTED TO BETHANY HOME. THIS CAMPUS SERVED APPROXIMATELY 7 YOUTH DAILY IN A LONG-TERM RESIDENTIAL PROGRAM, 8 YOUTH DAILY IN AN ON CAMPUS INTENSIVE RESIDENTIAL PROGRAM, 1 YOUTH DAILY IN A SHORT-TERM RESIDENTIAL PROGRAM, 8 YOUTH DAILY IN AN ON-CAMPUS RESIDENTIAL INDEPENDENT LIVING PROGRAM, 4 YOUTH DAILY IN TRANSITIONAL LIVING PROGRAM, 1 YOUTH DAILY IN RESIDENTIAL SUPERVISED INDEPENDENT LIVING PROGRAM, AND 1 YOUTH DAILY IN A 24-HOUR EMERGENCY CARE SHELTER. REVENUES ARE RECEIVED BY PLACING COUNTY AGENCIES; HOWEVER, REIMBURSEMENT IS ONLY A PERCENTAGE OF THE ACTUAL COST OF PROVIDING THESE SERVICES. IN ORDER TO COVER THE FUNDING SHORTFALL, BETHANY CHILDREN'S HOME PROVIDED A GRANT TO BETHANY HOME IN THE AMOUNT OF $1,038,807 AT FISCAL YEAR-END 6/30/2022.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$2,990
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,608,538
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,611,528
Total Program Service Revenue$2,865,551
Investment income $332,239
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $955,508
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,769,357

Grants Recieved

Over the last fiscal year, we have identified 18 grants that Bethany Childrens Home Inc has recieved totaling $204,070.

Awarding OrganizationAmount
Charles H Haag Trust 1513077152

Las Vegas, NV

PURPOSE: GENERAL OPERATING

$53,064
$27,024
Harry K Alwine Residuary Trust

Hershey, PA

PURPOSE: GENERAL CHARITABLE USE

$25,601
John A Beard Ud 10-11-45 12216-00

Pittsburgh, PA

PURPOSE: GENERAL OPERATING

$20,955
Good360

Alexandria, VA

PURPOSE: TO ASSIST THOSE IN NEED.

$19,671
Edward O Steely Charities 1513846651

Las Vegas, NV

PURPOSE: GENERAL OPERATING PURPOSES

$12,800
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$16,691,984
Earnings-$1,582,835
Admin Expense$124,913
Other Expense$1,795,953
Ending Balance$13,188,283

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