Childhaven Inc

Analysis

Childhaven Inc is a registered charity in United States, based in Farmington, NM. It received its IRS tax-exemption ruling in November 1969, 57 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 June 2023, Childhaven Inc reported income of $3.2m and spending of $3.1m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.5m to $3.2m (-9.7%), an average of -2.5% a year. The sharpest change came in the year to June 2023, when income dropped by 20%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childhaven Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within NM. Charities of a similar size with the same main cause include People Working Cooperatively of the Midwest Inc ($3.2m), St Martin Center ($3.2m) and Step by Step Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.1% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $194k (6.3% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $3.3m against liabilities of $193k, net assets of $3.1m. It reported 86 employees.