Place of Hope at the Haven Campus Inc

Analysis

Place of Hope at the Haven Campus Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Place of Hope at the Haven Campus Inc reported income of $293k and spending of $1.6m, spending 535% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $293k (-88%), an average of -41% a year. The sharpest change came in the year to December 2023, when income rose by 129%. Over the whole period it spent 123% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Place of Hope at the Haven Campus Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Operation Restoration Bolivia ($293k), New Jersey State Fraternal Order of Police Foundation Inc ($293k) and GT Water Project Inc ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 113% of the total. At year end it held assets of $10.0m against liabilities of $0, net assets of $10.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.