CSCharityScored
86

Bethany Lutheran College & Seminary Inc

Education · Mankato, Minnesota

700 Luther Dr, Mankato, MN 56001-6192

EIN: 410747165· Founded: Mar 1966· 60 years active· Filing Year: 2023

Annual Revenue

$33.9M

Total Expenses

$33.2M

Total Assets

$113.0M

Program Spending

74%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$915K

2.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$8.7M

Total Payroll

$9.7M

29% of total expenses

Where the Money Goes

74%
Programs: 74%
Payroll: 29%
Other overhead: 26%
Program Revenue$24.5M (72%)
Total Expenses$33.2M (98%)
Payroll$9.7M (29%)
Overhead (non-program)26%

Trust Score Breakdown

Program Spending Ratio

74% of expenses go to programs

40%

Revenue & Stability

$33.9M annual revenue

15%

Executive Compensation

$915K total officer comp (2.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$113.0M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.