Hickory Haven Inc

Analysis

Hickory Haven Inc is a registered charity in United States, based in Bird Island, MN. It received its IRS tax-exemption ruling in August 1998, 28 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Hickory Haven Inc reported income of $62k and spending of $85k, spending 137% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $84k to $62k (-26%), an average of -7.3% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 115% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hickory Haven Inc sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within MN. Charities of a similar size with the same main cause include Carter Plains Foundation Inc ($62k), Sutton Senior Housing Inc ($62k) and Allies Homes Inc ($62k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $24k. At year end it held assets of $349k against liabilities of $677k, net assets of -$328k.