Havenwood Inc

Analysis

Havenwood Inc is a registered charity in United States, based in Bentonville, AR. It received its IRS tax-exemption ruling in February 2020, 6 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 May 2024, Havenwood Inc reported income of $516k and spending of $597k, spending 116% of what it took in. Across the 4 years on record, from May 2021 to May 2024, income fell from $535k to $516k (-3.5%), an average of -1.2% a year. The sharpest change came in the year to May 2022, when income rose by 84%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Havenwood Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within AR. Charities of a similar size with the same main cause include Long Branch Area Young Mens Christian Association ($516k), Prime Support Inc ($516k) and Heidis Promise ($516k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $263k. At year end it held assets of $272k against liabilities of $27k, net assets of $245k. It reported 11 employees.