Bethel Hesed
- Assets
- $248.6k
- Revenue
- $174.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Corpus Christi, TX
- Founding
- 09/2011
- Data as of
- 12/2023
- EIN
- 27-4026980
Organization Overview
Bethel Hesed is located in Corpus Christi, TX. The organization was established in 2011. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bethel Hesed 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 12/2023, Bethel Hesed generated $174.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $202.7k during the year ending 12/2023. While expenses have increased by 15.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bethel Hesed has awarded 65 individual grants totaling $707,749. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $174,550 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $174,550 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30 |
| Total operating and administrative expenses | $1,780 |
| Contributions, gifts, grants paid | $200,925 |
| Total expenses and disbursements | $202,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $248,579 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $248,579 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Bethel Hesed has awarded $200,925 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
COASTAL BEND COMMUNITY FOUNDATION PURPOSE: FORMED TO HELP DONORS "POOL" THEIR CHARITABLE CONTRIBUTIONS AND LEVERAGE THAT GIVING TO BENEFIT WORTHY CAUSES IN THE COMMUNITY. | $7,000 |
CORPUS CHRISTI WOMEN'S BIBLE STUDY PURPOSE: STUDY GOD'S WORD AND BUILDING FRIENDSHIPS WITH SISTERS IN CHRIST | $500 |
CHARITY LEAGUE PURPOSE: RAISE FUNDS FOR CHARITABLE PROJECTS IN CORPUS CHRISTI, TEXAS AND THE BROADER COASTAL BEND AREA. | $1,000 |
FELLOWSHIP FOR PERFORMING ARTS PURPOSE: TELLS STORIES FROM A CHRISTIAN WORLDVIEW VIA THEATRE PERFORMANCES. | $120,000 |
HILLSDALE COLLEGE PURPOSE: TEACH STUDENTS A CLASSICAL LIBERAL ARTS CURRICULUM, NECESSARY FOR PRESERVING THE BLESSINGS OF CIVIL AND RELIGIOUS LIBERTY | $500 |
PREGNANCY CENTER OF THE COASTAL BEND PURPOSE: PROVIDING FREE EDUCATION AND MEDICAL SERVICES TO COMMUNITY ABOUT PREGNANCY, SEXUAL HEALTH, AND RELATIONSHIPS. | $3,000 |