Community Havens Inc

Analysis

Community Havens Inc is a registered charity in United States, based in Chantilly, VA. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Community Havens Inc reported income of $2.6m and spending of $2.7m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $2.6m (+8.0%), an average of +2.0% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Havens Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within VA. Charities of a similar size with the same main cause include Sequoia Affordable Housing Foundation ($2.6m), Empower 225 ($2.6m) and Friendship Manor Corporation ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.0% and program service revenue 87% of the total. Other salaries and wages came to $553k. At year end it held assets of $16.1m against liabilities of $14.2m, net assets of $1.9m.