Haven at First & Market Inc

Analysis

Haven at First & Market Inc is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in February 2015, 11 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 June 2023, Haven at First & Market Inc reported income of $1.9m and spending of $2.1m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $1.9m (+1.5%), an average of +0.4% a year. The sharpest change came in the year to June 2021, when income rose by 15%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Haven at First & Market Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Access to Independence Inc ($1.9m), Zero Foodprint ($1.9m) and Helping Services for Youth & Families Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $366k against liabilities of $4,302, net assets of $362k. It reported 39 employees.