Haven of Hope of Van Wert County Inc

Analysis

Haven of Hope of Van Wert County Inc is a registered charity in United States, based in Van Wert, OH. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 of Van Wert County Inc reported income of $125k and spending of $115k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $166k to $125k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Haven of Hope of Van Wert County Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within OH. Charities of a similar size with the same main cause include Heartland House Inc ($125k), St Simeon Foundation Inc ($125k) and Lower Marshall-Shadeland Development Initiative ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 8.3% of the total. At year end it held assets of $143k against liabilities of $7,520, net assets of $135k.