Haven House Inc

Analysis

Haven House Inc is a registered charity in United States, based in Alcoa, TN. It received its IRS tax-exemption ruling in January 1984, 42 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 June 2023, Haven House Inc reported income of $685k and spending of $679k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $644k to $685k (+6.5%), an average of +2.1% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Haven House Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within TN. Charities of a similar size with the same main cause include Columbia Childrens Center ($685k), Meals on Wheels of Eastern Onondaga County Inc ($685k) and The Champions Center ($685k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $87k (13% of expenses). Other salaries and wages came to $280k. At year end it held assets of $729k against liabilities of $20k, net assets of $710k. It reported 17 employees.