Glen Haven Home Inc

Analysis

Glen Haven Home Inc is a registered charity in United States, based in Glenwood, IA. It received its IRS tax-exemption ruling in May 1978, 48 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Glen Haven Home Inc reported income of $9.9m and spending of $8.3m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.0m to $9.9m (+96%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Glen Haven Home Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IA. Charities of a similar size with the same main cause include South Texas Lighthouse for the Blind ($9.9m), G Street Integrated Health ($9.9m) and Medical Society of Virginia Foundation ($9.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 97% of the total. Other salaries and wages came to $4.1m. At year end it held assets of $10.4m against liabilities of $9.3m, net assets of $1.0m. It reported 189 employees.