Haven of Hope Incorporated

Analysis

Haven of Hope Incorporated is a registered charity in United States, based in Manchester, TN. It received its IRS tax-exemption ruling in July 1985, 41 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 2024, Haven of Hope Incorporated reported income of $702k and spending of $608k, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $768k to $702k (-8.6%), an average of -2.2% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Haven of Hope Incorporated 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 77th percentile within TN. Charities of a similar size with the same main cause include Childrens Center of the Cumberlands ($702k), Connect with a Wish Inc ($702k) and Pumc Early Learning Center ($701k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $428k. At year end it held assets of $1.1m against liabilities of $86k, net assets of $996k. It reported 18 employees.