Haven House Inc

Analysis

Haven House Inc is a registered charity in United States, based in Hammond, IN. It received its IRS tax-exemption ruling in June 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Haven House Inc reported income of $633k and spending of $670k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $551k to $633k (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Haven House Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IN. Charities of a similar size with the same main cause include Marquette Learning Center Inc ($633k), Loaves & Fishes ($633k) and Noble Deeds Inc ($633k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $62k (9.2% of expenses). Other salaries and wages came to $277k. At year end it held assets of $1.7m against liabilities of $42k, net assets of $1.7m. It reported 24 employees.

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.