Family Haven Inc

Analysis

Family Haven Inc is a registered charity in United States, based in Bay Village, OH. It received its IRS tax-exemption ruling in July 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Family Haven Inc reported income of $445k and spending of $480k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $363k to $445k (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Haven Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include Onslow Pregnancy Resource Center ($445k), Slice Out Hunger Inc ($445k) and Community Dreams Incorporated ($444k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. Other salaries and wages came to $319k. At year end it held assets of $510k against liabilities of $24k, net assets of $486k. It reported 20 employees.