Haven of the Dan River Region

Analysis

Haven of the Dan River Region is a registered charity in United States, based in Danville, VA. It received its IRS tax-exemption ruling in August 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, Haven of the Dan River Region reported income of $401k and spending of $331k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $415k to $401k (-3.5%), an average of -0.9% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Haven of the Dan River Region sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within VA. Charities of a similar size with the same main cause include Biddeford Food Pantry ($401k), True Alliance Center Inc ($401k) and No Boundaries Integrated Services for Independent Living Inc ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $36k (11% of expenses). Other salaries and wages came to $137k. At year end it held assets of $236k against liabilities of $805, net assets of $235k. It reported 15 employees.