Haven Education
Analysis
Haven Education is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Haven Education reported income of $1.9m and spending of $1.3m, leaving 34% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $438k to $1.9m (+335%), an average of +63% a year. The sharpest change came in the year to June 2022, when income rose by 95%. Over the whole period it spent 62% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Haven Education sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within CO. Charities of a similar size with the same main cause include Tunica Institute of Learning Inc ($1.9m), Hope Academy Gso Inc ($1.9m) and North Bronx National Council Negro Women Child Development Ctr Inc ($1.9m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $145k (11% of expenses). At year end it held assets of $3.5m against liabilities of $1.7m, net assets of $1.8m. It reported 21 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Program services 3.1%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tunica Institute of Learning Inc | Tunica | $1.9m |
| Hope Academy Gso Inc | Greensboro | $1.9m |
| North Bronx National Council Negro Women Child Development Ctr Inc | Bronx | $1.9m |
| University of the Philippines Medical Alumni Society in America | Lafayette | $1.9m |