Haydens House of Healing Inc

Analysis

Haydens House of Healing Inc is a registered charity in United States, based in N Arlington, NJ. It received its IRS tax-exemption ruling in May 2018, 8 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, Haydens House of Healing Inc reported income of $523k and spending of $268k, leaving 49% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $229k to $523k (+128%), an average of +51% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Haydens House of Healing Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include Alabama Poverty Project Incorporated ($523k), Neat Repeats of Sheboygan County Inc ($523k) and Back on Track Addiction & Homeless Support ($523k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. Compensation of current officers, directors and key employees was $69k (26% of expenses). At year end it held assets of $404k against liabilities of $0, net assets of $404k.