Fair Haven Home for Men Inc

Analysis

Fair Haven Home for Men Inc is a registered charity in United States, based in Saint Stephen, SC. It received its IRS tax-exemption ruling in August 2011, 15 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 (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 Home for Men Inc reported income of $316k and spending of $336k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $255k to $316k (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fair Haven Home for Men Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within SC. Charities of a similar size with the same main cause include Crestview Area Shelter for the Homeless ($316k), Smith Hall Inc ($316k) and Habitat for Humanity International Inc ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $66k (19% of expenses). Other salaries and wages came to $86k. At year end it held assets of $834k against liabilities of $0, net assets of $834k. It reported 4 employees.