Haven Home LLC

Analysis

Haven Home LLC is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Home LLC reported income of $561k and spending of $502k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $331k to $561k (+70%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Haven Home LLC sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Zumbro Ridge Estates Inc ($561k), District Elderly Housing Development Corporation ($561k) and New Bryant Arms South ($561k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $56k (11% of expenses). Other salaries and wages came to $186k. At year end it held assets of $247k against liabilities of $0, net assets of $247k. It reported 12 employees.