Fair Haven Foundation Inc

Analysis

Fair Haven Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Fair Haven Foundation Inc reported income of $880k and spending of $1.0m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $604k to $880k (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fair Haven Foundation Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within IN. Charities of a similar size with the same main cause include Dreamflight USA Inc ($880k), Waypoint Ministry Inc ($880k) and West Virginia Medical Professional Health Program Inc ($879k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $90k (8.6% of expenses). Other salaries and wages came to $237k. At year end it held assets of $2.7m against liabilities of $317k, net assets of $2.3m. It reported 7 employees.