Childrens Haven Inc

Analysis

Childrens Haven Inc is a registered charity in United States, based in Douglas, MA. It received its IRS tax-exemption ruling in August 1961, 65 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Childrens Haven Inc reported income of $214k and spending of $236k, spending 110% of what it took in. Across the 3 years on record, from August 2021 to August 2023, income fell from $223k to $214k (-4.0%), an average of -2.0% a year. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Haven Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within MA. Charities of a similar size with the same main cause include American Society of Civil Engineers ($214k), Las Vegas Intergroup of Alcoholics Anonymous ($214k) and Conservation Agency ($213k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 98% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $42k (18% of expenses). Other salaries and wages came to $41k. At year end it held assets of $254k against liabilities of $80k, net assets of $174k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.