Fair Haven Inc

Analysis

Fair Haven Inc is a registered charity in United States, based in Highland, IN. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2023, Fair Haven Inc reported income of $1.1m and spending of $963k, spending 89% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $695k to $1.1m (+56%), an average of +16% a year. The sharpest change came in the year to July 2023, when income rose by 42%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fair Haven Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include Used Treasures Inc ($1.1m), Little Hands Virginia Inc ($1.1m) and Jafco Jewish Adoption and Family Care Options Inc ($1.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $487k. At year end it held assets of $150k against liabilities of $83k, net assets of $67k. It reported 22 employees.