Bethany Homes Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 6% of its spending went to programs.
- Raising each dollar of donations cost 60 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
To provide living opportunities in a senior community shaped by Christian values.
- Income
- $1.1 million
- Spending
- $133,939
- Spent on programs
- 7%
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 82%
- Employees
- 0
- Volunteers
- 15
- Highest pay
- $399,400, president/ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 70 out of 100. Higher than 56% of charities in its peer group (housing, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
5 of 20It owes 54% of what it owns.
Living within its means
15 of 15Income exceeded spending by 87% of income.
Income trend
15 of 15Income rose 361% on the year before.
Spending floor
0 of 156% of spending went to programs and raising each dollar of donations cost 60 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 62% of charities in its peer group (housing, $1m to $10m).
Independent board
25 of 2511 of 11 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $8,692 spent. Bethany Homes, Inc., dba Bethany Retirement Living, is the parent corporation of the following nonprofit organizations: American Lutheran Homes, Inc. (skilled nursing, transitional care, basic care and assisted living 294 residents) Bethany on 42nd (skilled nursing, assisted living, and senior housing 214 residents) Bethany Home Health Care (personal health care services 64 clients per month)During 2024, Bethany solicited donations to support these subsidiary Continued on Schedule O...programs. Bethany Homes, Inc. also provided funds to support chaplaincy services in the assisted living facilities.Donations were received to establish endowment funds to support nursing education for Bethany employees. The Lorraine Krenelka, Catherine Larson, and Kim Marchell Scholarship Programs, Health Education Loan Program (HELP), and Bethany student loan repayment bonus program provide funding for seminars, workshops, and higher education degree programs for eligible Bethany employees.The Bethany Homes North Dakota Tax Credit Endowment Fund was established in 2014, a qualified endowment under Section 57-38-01.21 of the North Dakota Century Code. The Tax Credit Endowment Fund is restricted to providing financial support in furtherance of the specifically expressed charitable purpose and mission of Bethany Homes.Bethany partners with two other nonprofit organizations, Eventide (Moorhead, MN) and Vivie (Alexandria, MN) to operate BEK Care (dba Ethos Home Care and Hospice), a 501(c)(3) organization which provides home health and hospice services to the Fargo-Moorhead and surrounding communities.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 1987.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.