Haven of Lake and Sumter Counties Inc

Analysis

Haven of Lake and Sumter Counties Inc is a registered charity in United States, based in Leesburg, FL. It received its IRS tax-exemption ruling in January 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 2023, Haven of Lake and Sumter Counties Inc reported income of $2.2m and spending of $2.2m, spending 97% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.2m (+13%), an average of +4.1% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Haven of Lake and Sumter Counties Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Living Well Kent Collaborative ($2.2m), Esperance Center ($2.2m) and The Center for Trauma & Resilience ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 6.0% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $1.7m against liabilities of $211k, net assets of $1.5m. It reported 31 employees.