Haven Inc

Analysis

Haven Inc is a registered charity in United States, based in Houma, LA. It received its IRS tax-exemption ruling in October 1993, 33 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 Inc reported income of $1.7m and spending of $1.9m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $946k to $1.7m (+83%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 65%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Haven Inc 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 85th percentile, and in the 84th percentile within LA. Charities of a similar size with the same main cause include The Autism Project ($1.7m), Open Arms Health Clinic Inc ($1.7m) and Candler Foundation Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $113k (5.8% of expenses). Other salaries and wages came to $667k. At year end it held assets of $1.2m against liabilities of $180k, net assets of $995k. It reported 26 employees.