Bethany College
31 E Campus Dr, Bethany, WV · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $40,381,591 | $40,493,773 | $40,091,205 |
| FY2024 | $45,628,545 | $43,118,305 | $38,149,395 |
| FY2023 | $34,076,206 | $39,994,259 | $34,167,380 |
| FY2022 | $39,107,176 | $38,791,585 | $53,712,638 |
| FY2021 | $39,768,123 | $36,565,770 | $43,017,161 |
| FY2020 | $28,920,310 | $34,974,056 | $35,379,781 |
| FY2019 | $30,277,583 | $35,537,369 | $42,600,047 |
| FY2018 | $37,838,229 | $36,362,006 | $42,548,014 |
| FY2017 | $31,191,198 | $34,445,093 | $42,679,413 |
| FY2016 | $34,336,877 | $36,504,769 | $44,541,946 |
| FY2015 | $35,023,939 | $37,520,944 | $48,176,791 |
| FY2014 | $31,992,421 | $33,927,152 | $52,137,945 |
| FY2013 | $33,571,416 | $36,286,940 | $50,369,855 |
| FY2012 | $31,475,034 | $34,157,063 | $50,969,646 |
Form 990 filings
The returns filed by Bethany College (EIN 55-0356985), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $4,745,591 | 12% |
| Program service revenue | $29,854,162 | 74% |
| Other revenue | $5,781,838 | 14% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $32,031,952 | 79% |
| Management & general | $7,193,957 | 18% |
| Fundraising | $1,267,864 | 3% |
What the numbers show
- Program service revenue made up 74% of total revenue in FY2025.
- Program services accounted for 79% of functional expenses, management & general 18%, and fundraising 3%.
- 79% of functional expenses went to program services in FY2025. That is higher than 29.2% of 4430 Education organizations nationwide (too few in WV for a state comparison).
- Net assets covered about 11.9 months of expenses at the end of the reporting year. That puts it in the 37th percentile among 197 Education organizations in WV.
- Total revenue was higher than 97% of 199 Education organizations in WV.
- Total revenue rose from $31,475,034 in FY2012 to $40,381,591 in FY2025. Revenue increased in 5 and decreased in 8 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 10 of 14 reported years (FY2012, FY2013, FY2014, FY2015, FY2016, FY2017, FY2019, FY2020, FY2023, FY2025).
- The highest revenue on record here is $45,628,545 in FY2024.
- Net assets declined from $50,969,646 to $40,091,205 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TEACHING AND LEARNING FROM THE MISSION OF BETHANY COLLEGE.
IRS status
| Ruling year | 1947 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B420 — Education |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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