Fair Haven Rescue Mission Incorporated

Analysis

Fair Haven Rescue Mission Incorporated is a registered charity in United States, based in Bromley, KY. It received its IRS tax-exemption ruling in July 1984, 42 years ago. 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 Rescue Mission Incorporated reported income of $2.8m and spending of $2.9m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.8m (+103%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fair Haven Rescue Mission Incorporated sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within KY. Charities of a similar size with the same main cause include Bella Ease ($2.8m), Capital Futbol Club ($2.8m) and Villa Di Maria Montessori School ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $597k. At year end it held assets of $1.3m against liabilities of $51k, net assets of $1.3m. It reported 16 employees.