Quaker Haven Foundation Inc

Analysis

Quaker Haven Foundation Inc is a registered charity in United States, based in Syracuse, IN. It received its IRS tax-exemption ruling in July 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Quaker Haven Foundation Inc reported income of $1.4m and spending of $903k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $725k to $1.4m (+93%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Quaker Haven Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include St Peters Adult Learning Center ($1.4m), Franklin County Historical Society ($1.4m) and Parkinsons Research and Education Foundation Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $61k (6.7% of expenses). Other salaries and wages came to $332k. At year end it held assets of $4.3m against liabilities of $166k, net assets of $4.2m. It reported 42 employees.