Mi Heroes Haven

Analysis

Mi Heroes Haven is a registered charity in United States, based in Rockford, MI. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mi Heroes Haven reported income of $98k and spending of $91k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $98k (+82%), an average of +82% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 145% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mi Heroes Haven sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within MI. Charities of a similar size with the same main cause include Circle Club Inc ($98k), Nam Knights Motorcycle Club Inc ($98k) and Little Miss Kickball International ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,525 against liabilities of $0, net assets of $9,525.