Haven of Hope Community Outreach Inc

Analysis

Haven of Hope Community Outreach Inc is a registered charity in United States, based in Sterling HTS, MI. It received its IRS tax-exemption ruling in February 2012, 14 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, Haven of Hope Community Outreach Inc reported income of $195k and spending of $196k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $195k (+227%), an average of +227% a year. The sharpest change came in the year to December 2023, when income rose by 227%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Haven of Hope Community Outreach Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Nevaeh Missions ($195k), Heartland Hands ($195k) and Erics Camp Fund ($195k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,986 against liabilities of $0, net assets of $1,986.