Haven Place

Analysis

Haven Place is a registered charity in United States, based in New Haven, MI. It received its IRS tax-exemption ruling in May 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 (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, Haven Place reported income of $125k and spending of $100k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $125k (+145%), an average of +145% a year. The sharpest change came in the year to December 2023, when income rose by 145%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Haven Place sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within MI. Charities of a similar size with the same main cause include Brandt House Inc ($125k), Meadow Lakes Seniors Inc ($125k) and Spring Creek Manor Inc ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.5% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.