The Haven Michigan

Analysis

The Haven Michigan is a registered charity in United States, based in Petoskey, MI. It received its IRS tax-exemption ruling in February 1989, 37 years ago. Its declared purposes cover health care, 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, The Haven Michigan reported income of $242k and spending of $188k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $195k to $242k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Haven Michigan sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MI. Charities of a similar size with the same main cause include Nixonstrong Foundation ($242k), Nami of Richland County Ohio ($242k) and District 8 Emergency Preparedness and Planning Coalition Inc ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $65k (35% of expenses). Other salaries and wages came to $28k. At year end it held assets of $339k against liabilities of $1,768, net assets of $337k. It reported 4 employees.