Haven of Hope

Analysis

Haven of Hope is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 of Hope reported income of $1.7m and spending of $1.9m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.7m (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Haven of Hope sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include Mary W Guenzel Charitable Trust Dated February 5 2015 ($1.7m), Land of the Free Foundation ($1.7m) and Village Center for Care Fund ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $819k. At year end it held assets of $3.7m against liabilities of $661k, net assets of $3.1m. It reported 22 employees.