Hope Haven Inc

Analysis

Hope Haven Inc is a registered charity in United States, based in Jefferson, GA. It received its IRS tax-exemption ruling in June 1964, 62 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 December 2023, Hope Haven Inc reported income of $634k and spending of $539k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $295k to $634k (+115%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hope Haven Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within GA. Charities of a similar size with the same main cause include The Bearded Collie Club of America Charitable Trust ($634k), New Justice Conflict Resolution Services Inc ($634k) and TLC Foundation ($634k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $20k (3.7% of expenses). Other salaries and wages came to $308k. At year end it held assets of $691k against liabilities of $78k, net assets of $612k. It reported 29 employees.