South Haven Community Foundation

Analysis

South Haven Community Foundation is a registered charity in United States, based in South Haven, MI. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 December 2023, South Haven Community Foundation reported income of $585k and spending of $57k, leaving 90% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income grew from $185k to $585k (+216%), an average of +26% a year. The sharpest change came in the year to June 2020, when income rose by 348%. Over the whole period it spent 14% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, South Haven Community Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within MI. Charities of a similar size with the same main cause include Green Mountain United Way ($585k), California Foundation for Commerce and Education ($586k) and Crossroads at Antigua Foundation ($585k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $6.0m against liabilities of $183k, net assets of $5.8m.