Benhaven Inc

Analysis

Benhaven Inc is a registered charity in United States, based in North Haven, CT. It received its IRS tax-exemption ruling in December 1967, 59 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Benhaven Inc reported income of $26.3m and spending of $24.4m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.4m to $26.3m (+36%), an average of +8.0% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Benhaven Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within CT. Charities of a similar size with the same main cause include Neighborhood Service Organization ($26.3m), Illinois Coalition Against Sexual Assault ($26.3m) and Franciscan Pace Inc ($26.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $375k (1.5% of expenses). Other salaries and wages came to $15.3m. At year end it held assets of $18.7m against liabilities of $5.5m, net assets of $13.2m. It reported 477 employees.