Lake County Haven

Analysis

Lake County Haven is a registered charity in United States, based in Libertyville, IL. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Lake County Haven reported income of $1.9m and spending of $1.5m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.9m (+76%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 75% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lake County Haven 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 85th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Family Promise of Santa Clarita Valley ($1.9m), Foundation for Affordable Housing II Inc ($1.9m) and Home Again Los Angeles ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $125k (8.5% of expenses). Other salaries and wages came to $664k. At year end it held assets of $5.1m against liabilities of $203k, net assets of $4.9m. It reported 38 employees.