Bethany INC EIN 52-1807403

Bethany INC

EIN  52-1807403 Public charity (501(c)(3)) Washington, DC
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Provides housing assistance and support services to help people achieve self-sufficiency.
Leadership
P Carol Bullard-Bates · President
Money in and out
$497K revenue, $157K expenses
Bottom line
67% program efficiency

Provides housing assistance and support services to help people achieve self-sufficiency. For fiscal year 2025 it reported $497K in revenue, $157K in expenses, and $830K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$497K
Pt VIII · Ln 12
Total expenses
$157K
Pt IX · Ln 25
Net assets
$830K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $340K
Where spending went · Part IX cols B–D
Program services $0.67 Management & general $0.31 Fundraising $0.02
Program efficiency
67%
of spending reaches programs▼ -17% vs prior filing year
Operating runway
63.3mo
months of highly liquid reserves at operating expense rate▲ ×35 vs prior filing year
Surplus margin
+68%
revenue over expenses, this year▲ +256% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$497K
FY2025▲ +368%
Expenses
$157K
FY2025▲ +3%
Total assets
$830K
FY2025▲ +47%
Total liabilities
$0
FY2025▼ -100%
Total revenue
$497K
Pt VIII · Ln 12
Total expenses
$157K
Pt IX · Ln 25
Net assets
$830K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$340K
Total assetsPt X · Ln 16$830K
Program-expense ratioPt IX · col B67%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $106K of program spending, described in the organization's own filed words · FY2024.
01

The articles of incorporation were amended unanimously in a meeting held on september 15, 2025 to update the general purposes of the corporation to provide supportive services to children to enhance their learning and growing environments and receive contributions, removing the previous purposes to make adequate shelter available and…

$106Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBethany INC
EINHdr · item D52-1807403
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jwww.bethanyinc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L80Z)
Ruling yearIRS BMFApr 1993

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income$477K · 96%
Contributions & grants$11K · 2%
Program service revenue$8K · 2%
Investment income96%$477K
Contributions & grants2%$11K
Program service revenue2%$8K
Other revenue$1K
Total revenueLn 12$497K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.67 Management & general $0.31 Fundraising $0.02
Program services67%$106K
Management & general31%$48K
Fundraising2%$3K
Total functional expensesLn 25$157K

Balance Sheet

Part X · end of year
CashLn 1$829K
Total assetsLn 16$830K
Total liabilitiesLn 26$0
Total net assetsLn 32$830K
Months of cash on handcomputed63.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $829K · Operating expenses/yr $157K
63.3 months
Where the money goes
Program services
Program services $106K · Total expenses $157K
67%
Management & General
Management & general $48K · Total expenses $157K
31%
Fundraising
Fundraising $3K · Total expenses $157K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $4K · Solicited contributions (3-yr avg) $33K
$0.12 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $11K · Total revenue $497K
2%
Government reliance
Government grants — · Total revenue $497K
Earned-income share
Program service revenue $8K · Total revenue $497K
2%
Investment reliance
Investment income $477K · Total revenue $497K
+96%
Program self-sufficiency
Program service revenue $8K · Total expenses $157K
5%
Growth & trend
Revenue growth (YoY)
This year $497K · Prior year $106K
+368%
Revenue CAGR
FY2019 $113K · FY2024 $497K
+35%
Net-asset trend (YoY)
End of year $830K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $497K · Expenses $157K
+68%
Liabilities-to-Assets
Total liabilities — · Total assets $830K
Net-asset ratio
Net assets $830K · Total assets $830K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $830K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual P Carol Bullard-Bates · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $157K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $46K · Total expenses $157K
29%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 67%
Overhead ratio 31%
Fundraising cost ratio 25%
Revenue growth 368%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2019
Total grants receivedfrom 1 funder$10K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$497K revenue · viewing · ⤓ 990 PDF
FY2024$106K revenue · ⤓ 990 PDF
FY2023$109K revenue · ⤓ 990 PDF
FY2022$146K revenue · ⤓ 990 PDF
FY2021$151K revenue · ⤓ 990 PDF
FY2020$113K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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