Fair Haven Childrens Home

Analysis

Fair Haven Childrens Home is a registered charity in United States, based in Strafford, MO. It received its IRS tax-exemption ruling in September 1965, 61 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Fair Haven Childrens Home reported income of $1.7m and spending of $1.6m, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.5m to $1.7m (+14%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fair Haven Childrens Home 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 83rd percentile within MO. Charities of a similar size with the same main cause include Sunshine Connections Inc ($1.7m), British Home in California Ltd ($1.7m) and Center for Independence Inc ($1.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 70% and program service revenue 4.2% of the total. Other salaries and wages came to $710k. At year end it held assets of $1.9m against liabilities of $70k, net assets of $1.8m. It reported 23 employees.