Fairhaven Foundation

Analysis

Fairhaven Foundation is a registered charity in United States, based in Niles, OH. It received its IRS tax-exemption ruling in April 1997, 29 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 December 2023, Fairhaven Foundation reported income of $170k and spending of $141k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $132k to $170k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fairhaven Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within OH. Charities of a similar size with the same main cause include Central Valley Center for Community Advocacy Inc ($170k), Four County Transitional Living Inc ($170k) and Ladysmith Rescue Squad Incorporated ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 28% of the total. At year end it held assets of $258k against liabilities of $4,030, net assets of $254k.