Bethel University is a 501(c)(3) organization based in Mc Kenzie, Tennessee, registered in 1946, with $45,859,726 in FY2023 revenue. CharityIndex grades it B+, and it directs about 82% of spending to programs.
Revenue (FY2023)
$45.9M
▼ 10.9% vs prior year
Education median: $200K
Expenses (FY2023)
$52.8M
Net assets
$33.5M
Employees
734
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Bethel University: 82% to programs · $16 to raise $100 earns a A on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bethel University: 8 mo reserves · -15% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Bethel University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bethel University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Bethel's mission is to create opportunities for members of the learning community to develop to their highest potential as whole persons - intellectually, spiritually, socially and physically - in a christian environment through synchronous and asynchronous modes.
Scholarships - financial aid for students.
Student and auxiliary services - including admissions, financialaid assistance and intercollegiate athletics.
Revenue declined from $84.4M (FY2013) to $45.9M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-15.1%
Spent more than it raised in the latest fiscal year.
Total assets
$92.2M
Total liabilities
$58.8M
Net assets
$33.5M
Salaries & benefits
$19.3M
37% of expenses
Board members
25
25 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $45,859,726▼10.9% | $52,768,440▲3.6% | $33,470,009▼16.0% | $92,243,354▼5.9% | 990 |
| 2022 | $51,489,343 | $50,917,037▼0.9% | $39,825,012▼4.1% | $98,040,827▲4.4% | 990 |
| 2021 | $51,478,437▼1.8% | $51,382,840▼1.6% | $41,513,639▲0.2% | $93,871,975▲1.5% | 990 |
| 2020 | $52,446,524▼10.7% | $52,196,932▼6.3% | $41,418,042▲2.9% | $92,520,521▼2.7% | 990 |
| 2019 | $58,699,615▼5.3% | $55,711,689▼9.9% | $40,254,829▲9.3% | $95,046,663▼6.5% | 990 |
| 2018 | $61,966,040▼6.7% | $61,826,693▼7.3% | $36,819,220▲2.2% | $101,601,330▲0.3% | 990 |
| 2017 | $66,423,878▼5.7% | $66,726,601▼5.1% | $36,038,431▲0.9% | $101,302,333▲1.7% | 990 |
| 2016 | $70,451,173▼14.2% | $70,340,581▼2.3% | $35,731,286▲1.3% | $99,637,666▲0.8% | 990 |
| 2015 | $82,119,230▲4.6% | $71,969,138▼6.5% | $35,283,357▲41.6% | $98,805,150▲19.3% | 990 |
| 2014 | $78,541,249▼7.0% | $76,970,429▼5.8% | $24,914,811▲2.7% | $82,834,615▼0.9% | 990 |
| 2013 | $84,432,489 | $81,714,793▼5.0% | $24,266,485▲16.1% | $83,573,025▲0.5% | 990 |
| 2012 | — | $86,033,354▲15.9% | $20,895,629▲64.9% | $83,173,253▼2.8% | 990 |
| 2011 | — | $74,234,689▲87.9% | $12,672,364▼38.8% | $85,554,306▲74.8% | 990 |
| 2009 | — | $39,506,952 | $20,721,018 | $48,944,981 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Phyllis K Campbell — $183,959 (0.35% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Phyllis K Campbell | Chief Academic Officer/com | 40 | $183,959 |
| Cindy A Mallard | Vice President Cas/academi | 40 | $157,857 |
| Edward Scott | Executive Vice President | 40 | $146,396 |
| Kimberly A Martin | Vice President College of | 40 | $113,907 |
| Michael Scates | Program Director Pa/associ | 40 | $111,399 |
| Joseph R Hames | Vice President Chs | 40 | $109,944 |
| Kerri A Mccabe Smith | Professor of Pa/interm Pro | 40 | $107,824 |
| Ronald L Deming | Professor of Business | 40 | $107,426 |
| Pamela Hornbuckle | Assoc. Director of Hr | 40 | $105,723 |
| Matthew D Holt | Renaissance Executive Dire | 40 | $103,236 |
| Bernice Richardson | Trustee | 1 | — |
| Brock Martin | Trustee | 1 | — |
| Chester Dickson | Trustee | 1 | — |
| Clinton Fox | Trustee | 1 | — |
| Craig A White | Trustee | 1 | — |
| Damian A Probstfield | Trustee | 1 | — |
| Dewane Latimer | Trustee | 1 | — |
| Drew Gray | Trustee | 1 | — |
| E Ray Morris | Trustee | 1 | — |
| Glenda Foreman | Trustee | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Lewis Thomason King Krieg & Waldrop | Legal Services | $113,878 |
69 grants to Bethel University totaling $4.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| North Carolina Community Foundation Inc | To support the organization's stated mission | 2024 | $92,970 |
| Midway USA Foundation Inc | To fund youth shoothing sports | 2024 | $31,068 |
| The Community Fdn of Middle Tn Inc | Donation | 2024 | $7,000 |
| North Carolina Community Foundation Inc | Private colleges & universities - scholarships | 2023 | $95,890 |
| National Philanthropic Tr | Religion | 2023 | $73,065 |
| Midway USA Foundation Inc | To fund youth shooting sports | 2023 | $28,216 |
| Donor Advised Charitable Giving | Education | 2023 | $22,500 |
| Network For Good Inc | Unrestricted | 2023 | $7,314 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $3,002,000 |
| North Carolina Community Foundation Inc | Education | 2022 | $96,870 |
| National Philanthropic Tr | Education | 2022 | $49,225 |
| Network For Good Inc | Unrestricted | 2022 | $41,302 |
| Midway USA Foundation Inc | To fund youth shooting sports | 2022 | $30,355 |
| Donor Advised Charitable Giving | Education | 2022 | $10,000 |
| Donor Advised Charitable Giving | Education | 2021 | $140,000 |
Explore more
Data for Bethel University (EIN 62-0548913) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.