Safe Haven Ministries Inc

Analysis

Safe Haven Ministries Inc is a registered charity in United States, based in Clarksville, AR. It received its IRS tax-exemption ruling in November 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, Safe Haven Ministries Inc reported income of $1.2m and spending of $958k, spending 82% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $214k to $1.2m (+445%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 169%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Safe Haven Ministries Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within AR. Charities of a similar size with the same main cause include Youth Empowered Society Inc ($1.2m), Miracle Messages ($1.2m) and Ardent Community Trust of Pennsylvania ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $177k (18% of expenses). Other salaries and wages came to $385k. At year end it held assets of $1.3m against liabilities of $906k, net assets of $427k. It reported 30 employees.