Butterflys Haven

Analysis

Butterflys Haven is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Butterflys Haven reported income of $2.3m and spending of $941k, leaving 59% of income unspent that year. The sharpest change came in the year to June 2023, when income rose by 826%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Butterflys Haven sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Family & Childrens Services Inc ($2.3m), Guiding Harbor ($2.3m) and Dallas First Presbyterian Church Developmental Day School ($2.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $97k (10% of expenses). Other salaries and wages came to $125k. At year end it held assets of $1.8m against liabilities of $841k, net assets of $977k. It reported 3 employees.