Haven of Manitowoc County Inc

Analysis

Haven of Manitowoc County Inc is a registered charity in United States, based in Manitowoc, WI. It received its IRS tax-exemption ruling in June 2012, 14 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Haven of Manitowoc County Inc reported income of $279k and spending of $353k, spending 127% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $233k to $279k (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Haven of Manitowoc County Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within WI. Charities of a similar size with the same main cause include Family Promise of Greater Kingsport ($279k), Cross Lanes Unity Apartments Inc ($279k) and Higher Living Inc ($279k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $62k (18% of expenses). Other salaries and wages came to $152k. At year end it held assets of $195k against liabilities of $7,788, net assets of $188k. It reported 10 employees.