Havern Center Inc
Analysis
Havern Center Inc is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in March 1971, 55 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Havern Center Inc reported income of $3.8m and spending of $4.3m, spending 112% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.8m to $3.8m (+0.1%), an average of +0.0% a year. Over the whole period it spent 101% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Havern Center Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include Prichard Committee for Academic Excellence ($3.8m), Leadership Preparotory Academy Inc ($3.8m) and Sigma Chi Leadership Institute ($3.8m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $252k (5.9% of expenses). Other salaries and wages came to $2.5m. It paid $32k in professional fundraising fees. At year end it held assets of $7.1m against liabilities of $2.7m, net assets of $4.3m. It reported 46 employees.
Income and spending
Where the income comes from
- Contributions & grants 27%
- Program services 68%
- Other 4.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Prichard Committee for Academic Excellence | Lexington | $3.8m |
| Leadership Preparotory Academy Inc | Lithonia | $3.8m |
| Sigma Chi Leadership Institute | Evanston | $3.8m |
| African American Leadership Forum | Minneapolis | $3.8m |