Haven Ministries

Analysis

Haven Ministries is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Haven Ministries reported income of $392k and spending of $506k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $292k to $392k (+34%), an average of +7.7% a year. The sharpest change came in the year to December 2022, when income rose by 109%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Haven Ministries sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within KY. Charities of a similar size with the same main cause include House of God Holy Church of the Living God Pillar & Ground ($392k), Foundation for Intelligent Media and Design ($392k) and National Association of Intercultural Family Mission Inc ($392k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% of the total. Other salaries and wages came to $119k. At year end it held assets of $998k against liabilities of $284k, net assets of $714k. It reported 4 employees.