Hope Haven Transitional Housing Inc

Analysis

Hope Haven Transitional Housing Inc is a registered charity in United States, based in Sebring, FL. It received its IRS tax-exemption ruling in May 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Hope Haven Transitional Housing Inc reported income of $90k and spending of $97k, spending 107% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $47k to $90k (+91%), an average of +91% a year. The sharpest change came in the year to December 2022, when income rose by 91%. Over the whole period it spent 134% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hope Haven Transitional Housing Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Vesta Four Inc ($90k), Inshuti of Rwanda Incorporated ($90k) and Woodside Village Inc ($90k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.