Haverim Inc

Analysis

Haverim Inc is a registered charity in United States, based in Pepper Pike, OH. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Haverim Inc reported income of $59k and spending of $64k, spending 109% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $44k to $59k (+35%), an average of +35% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 124% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Haverim Inc sits at the 13th percentile: it is larger than about 13% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within OH. Charities of a similar size with the same main cause include C L C Sugar Ridge Inc ($59k), Housing Works Harlem Housing Development Fund Corporation ($59k) and Paducah Housing Services Inc ($59k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $338k against liabilities of $462k, net assets of -$123k.