Circle Haven Inc

Analysis

Circle Haven Inc is a registered charity in United States, based in Glassboro, NJ. It received its IRS tax-exemption ruling in April 2019, 7 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, Circle Haven Inc reported income of $178k and spending of $63k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $56k to $178k (+219%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 92%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Circle Haven Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 58th percentile within NJ. Charities of a similar size with the same main cause include Assistance League of Sonoma County ($178k), Ym360 Inc ($178k) and PCC Productions Inc ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $26k (41% of expenses). Other salaries and wages came to $3,518. At year end it held assets of $214k against liabilities of $24k, net assets of $190k. It reported 5 employees.