Beloved Haven Inc

Analysis

Beloved Haven Inc is a registered charity in United States, based in Moyock, NC. It received its IRS tax-exemption ruling in July 2016, 10 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, Beloved Haven Inc reported income of $139k and spending of $109k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $139k (+81%), an average of +81% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beloved Haven Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NC. Charities of a similar size with the same main cause include LTC ($139k), Ron Davis Autism Foundation Inc ($139k) and Bridges of Change ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 22% of the total. At year end it held assets of $60k against liabilities of $2,885, net assets of $57k.