Heritage Haven Inc

Analysis

Heritage Haven Inc is a registered charity in United States, based in Harrisonburg, VA. It received its IRS tax-exemption ruling in September 1978, 48 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 March 2024, Heritage Haven Inc reported income of $1.6m and spending of $1.7m, spending 110% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $1.5m to $1.6m (+8.2%), an average of +2.0% a year. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Heritage Haven Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within VA. Charities of a similar size with the same main cause include Cornerstone of Topeka Inc ($1.6m), Casa Youth Shelter ($1.6m) and FSL Rural Development ($1.6m).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $263k. At year end it held assets of $1.6m against liabilities of $4.3m, net assets of -$2.7m. It reported 12 employees.

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.