Haven Hills Inc

Analysis

Haven Hills Inc is a registered charity in United States, based in Canoga Park, CA. It received its IRS tax-exemption ruling in August 1978, 48 years ago. 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, Haven Hills Inc reported income of $3.7m and spending of $3.6m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $3.7m (+66%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 60%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Haven Hills Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Visiting Nurses Association Home Care Inc ($3.7m), St Luke Institute Inc ($3.7m) and Meredith-Dunn Learning Center Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $165k (4.5% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $4.5m against liabilities of $4.0m, net assets of $478k. It reported 51 employees.