The Haven

Analysis

The Haven is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 2021, 5 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, The Haven reported income of $111k and spending of $46k, leaving 59% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $111k (+1.3%), an average of +1.3% a year. Over the whole period it spent 35% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Haven sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within MN. Charities of a similar size with the same main cause include Sustainable Urban Neighborhoods Community Fund ($111k), Friendship Community Living North C Entral Inc ($111k) and Love Community Development Corporation ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $446k against liabilities of $231k, net assets of $214k.