Westhaven Inc
Analysis
Westhaven Inc is a registered charity in United States, based in North Baltimore, OH. It received its IRS tax-exemption ruling in August 1984, 42 years ago. 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, Westhaven Inc reported income of $454k and spending of $454k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $454k to $454k (-0.0%), an average of +-0.0% a year. Over the whole period it spent 105% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Westhaven Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OH. Charities of a similar size with the same main cause include Rushville Public Library ($454k), Karuna Counseling Inc ($454k) and Alices Rainbow Childcare Center Inc ($454k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 45% of the total. At year end it held assets of $1.4m against liabilities of $1.8m, net assets of -$420k.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 54%
- Program services 45%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rushville Public Library | Rushville | $454k |
| Karuna Counseling Inc | Decatur | $454k |
| Alices Rainbow Childcare Center Inc | Iowa City | $454k |
| Thompson Hose Co | Thompson | $454k |