Safe Haven of Pender Inc

Analysis

Safe Haven of Pender Inc is a registered charity in United States, based in Burgaw, NC. It received its IRS tax-exemption ruling in March 1994, 32 years ago. 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 June 2023, Safe Haven of Pender Inc reported income of $1.2m and spending of $1.1m, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $488k to $1.2m (+156%), an average of +37% a year. The sharpest change came in the year to June 2021, when income rose by 113%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Safe Haven of Pender Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include Childrens Fresh Air Home Inc ($1.2m), World Changers International Ministries ($1.3m) and Arvada Hockey Association ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 9.4% of the total. Compensation of current officers, directors and key employees was $86k (7.8% of expenses). Other salaries and wages came to $540k. At year end it held assets of $731k against liabilities of $138k, net assets of $593k. It reported 34 employees.