Key Haven Families Inc

Analysis

Key Haven Families Inc is a registered charity in United States, based in Lake Mary, FL. It received its IRS tax-exemption ruling in February 2014, 12 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 December 2023, Key Haven Families Inc reported income of $1.3m and spending of $877k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $739k to $1.3m (+81%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Key Haven Families Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Iron County Care and Share ($1.3m), Virginia Equal Housing Foundation ($1.3m) and Emeryville Senior Housing Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $144k (16% of expenses). Other salaries and wages came to $120k. At year end it held assets of $1.6m against liabilities of $830k, net assets of $808k. It reported 7 employees.