Prairie Haven Inc

Analysis

Prairie Haven Inc is a registered charity in United States, based in Sioux City, IA. It received its IRS tax-exemption ruling in June 1998, 28 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 2023, Prairie Haven Inc reported income of $163k and spending of $210k, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $131k to $163k (+24%), an average of +5.5% a year. Over the whole period it spent 133% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Prairie Haven Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within IA. Charities of a similar size with the same main cause include Pauahi Elderly Inc ($163k), Elderwood Inc ($163k) and Fair Haven West Inc ($163k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. At year end it held assets of $749k against liabilities of $1.6m, net assets of -$865k.

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.