The Haven for Children Inc

Analysis

The Haven for Children Inc is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in March 1987, 39 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 June 2023, The Haven for Children Inc reported income of $2.1m and spending of $1.8m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $2.1m (+1.9%), an average of +0.5% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Haven for Children Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Make-A-Wish Foundation of New Mexico ($2.1m), Iowa Central Community College Foundation ($2.1m) and Cirbn LLC ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 93% of the total. Other salaries and wages came to $927k. At year end it held assets of $8.6m against liabilities of $42k, net assets of $8.6m. It reported 30 employees.