Haven for Hope of Bexar County

Analysis

Haven for Hope of Bexar County is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Haven for Hope of Bexar County reported income of $35.7m and spending of $33.3m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $22.8m to $35.7m (+57%), an average of +12% a year. The sharpest change came in the year to September 2020, when income rose by 38%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Haven for Hope of Bexar County sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Orlando Lutheran Towers Inc ($35.6m), Aeon ($35.9m) and Ohio Capital Corporation for Housing ($35.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $1.4m (4.2% of expenses). Other salaries and wages came to $13.9m. At year end it held assets of $93.3m against liabilities of $5.4m, net assets of $87.9m. It reported 418 employees.