Moms Haven of Hope

Analysis

Moms Haven of Hope is a registered charity in United States, based in Blaine, MN. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Moms Haven of Hope reported income of $108k and spending of $127k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $147k to $108k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 67% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Moms Haven of Hope sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 36th percentile within MN. Charities of a similar size with the same main cause include Fairfield Memorial Hospital Foundation ($108k), Rotary Club of Peachtree City Foundation Inc ($108k) and L Brands Foundation ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. At year end it held assets of $628k against liabilities of $363k, net assets of $265k. It reported 5 employees.