Treasure Haus Inc

Analysis

Treasure Haus Inc is a registered charity in United States, based in New Ulm, MN. It received its IRS tax-exemption ruling in April 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Treasure Haus Inc reported income of $278k and spending of $205k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $235k to $278k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Treasure Haus Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include Youth for Christ USA Inc ($278k), Martha and Mary Lutheran Services ($278k) and United Way of Jefferson and N Walworth Counties Inc ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% of the total. Other salaries and wages came to $89k. At year end it held assets of $444k against liabilities of $116k, net assets of $328k. It reported 8 employees.