Havens for the Arts Inc

Analysis

Havens for the Arts Inc is a registered charity in United States, based in Temecula, CA. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Havens for the Arts Inc reported income of $68k and spending of $78k, spending 115% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $50k to $68k (+37%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Havens for the Arts Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Opera at Florham Inc ($68k), Swenson Memorial Museum of Stephens County Inc ($68k) and Battlefield High School PTO ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.