Desert Haven Enterprises

Analysis

Desert Haven Enterprises is a registered charity in United States, based in Lancaster, CA. It received its IRS tax-exemption ruling in June 1957, 69 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Desert Haven Enterprises reported income of $15.2m and spending of $12.5m, spending 82% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $8.3m to $15.2m (+83%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Desert Haven Enterprises sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Florida Community Loan Fund ($15.2m), Building 77 Qalicb Inc ($15.2m) and Knights of Columbus Charities Inc ($15.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $393k (3.2% of expenses). Other salaries and wages came to $9.9m. At year end it held assets of $8.5m against liabilities of $1.5m, net assets of $7.0m. It reported 157 employees.