Haven Ministries

Analysis

Haven Ministries is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in May 1959, 67 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2023, Haven Ministries reported income of $4.6m and spending of $4.3m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.4m to $4.6m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Haven Ministries sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Media Dream ($4.6m), Moving Traditions ($4.6m) and Commonspirit Health Foundation ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $242k (5.7% of expenses). Other salaries and wages came to $781k. It paid $61k in professional fundraising fees. At year end it held assets of $3.0m against liabilities of $743k, net assets of $2.2m. It reported 25 employees.