Haven of Rest Care Home

Analysis

Haven of Rest Care Home is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, 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 May 2023, Haven of Rest Care Home reported income of $688k and spending of $701k, spending 102% of its income. Across the 2 years on record, from May 2022 to May 2023, income grew from $404k to $688k (+70%), an average of +70% a year. The sharpest change came in the year to May 2023, when income rose by 70%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Haven of Rest Care Home sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Orange Free Clinic Inc ($688k), Finney County Community Health Coalition Inc ($688k) and Peninsula Committee Childrens Hospital ($688k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $37k (5.2% of expenses). Other salaries and wages came to $353k. At year end it held assets of $127k against liabilities of $135k, net assets of -$8,681. It reported 9 employees.