Haven of Rest Minstries

Analysis

Haven of Rest Minstries is a registered charity in United States, based in Burleson, TX. It received its IRS tax-exemption ruling in January 2000, 26 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 December 2023, Haven of Rest Minstries reported income of $398k and spending of $390k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $398k (+52%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Haven of Rest Minstries sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Missionaries of Compassion Inc ($398k), Empower Mt ($398k) and Care and Share of East Lyme ($397k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $79k (20% of expenses). Other salaries and wages came to $28k. At year end it held assets of $107k against liabilities of $0, net assets of $107k.