Safe Haven Farms Inc

Analysis

Safe Haven Farms Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in May 2008, 18 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 December 2023, Safe Haven Farms Inc reported income of $754k and spending of $600k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $546k to $754k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Safe Haven Farms Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Bluehub Capital Inc ($754k), Habitat for Humanity International Inc ($754k) and Coastal Affordable Housing ($753k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $74k (12% of expenses). Other salaries and wages came to $45k. At year end it held assets of $2.9m against liabilities of $274k, net assets of $2.6m. It reported 2 employees.