Worc Haven Inc

Analysis

Worc Haven Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Worc Haven Inc reported income of $156k and spending of $193k, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $153k to $156k (+1.8%), an average of +0.4% a year. Over the whole period it spent 124% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Worc Haven Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Wantagh Foundation for Educational Excellence ($156k), Chino Neighborhood House ($156k) and Campbell Culture Coalition ($156k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $638k against liabilities of $182k, net assets of $456k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.