Northaven Charitable Givingfoundation

Analysis

Northaven Charitable Givingfoundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Northaven Charitable Givingfoundation reported income of $976k and spending of $2.0m, spending 205% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $2.2m to $976k (-55%), an average of -18% a year. The sharpest change came in the year to July 2022, when income rose by 149%. Over the whole period it spent 118% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northaven Charitable Givingfoundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Thurgood Marshall Center TR Inc ($976k), Enhancing and Strengthening North Dakota Nonprofits & Communities ($977k) and Mahoning Valley Manufacturers Foundation Inc ($975k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $2,000 against liabilities of $0, net assets of $2,000.