Valley Haven Inc

Analysis

Valley Haven Inc is a registered charity in United States, based in Harlingen, TX. It received its IRS tax-exemption ruling in March 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 December 2023, Valley Haven Inc reported income of $1.8m and spending of $1.7m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.8m (+9.5%), an average of +2.3% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Valley Haven 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 88th percentile within TX. Charities of a similar size with the same main cause include Irvine Child Development Center Operating Corporation ($1.8m), A Vision 4 Hope Inc ($1.8m) and Child Care Answers of Central Indiana ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $300k (17% of expenses). Other salaries and wages came to $714k. It paid $185 in professional fundraising fees. At year end it held assets of $1.3m against liabilities of $849k, net assets of $483k. It reported 69 employees.