Animal Haven Inc
Animal Haven Inc maintains stable assets and reports no officer compensation, despite recent operating deficits.
EIN: 116101487 · New York, NY · NTEE: D200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.6M |
| Total Expenses | $3.9M |
| Program Spending | 85% |
| Net Assets | $5.8M |
| Transparency Score | 88/100 |
Is Animal Haven Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Animal Haven Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Animal Haven Inc
Animal Haven Inc (EIN: 116101487) is a nonprofit organization based in New York, NY, classified under NTEE code D200. The organization reported total revenue of $4.6M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Animal Haven Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Animal Haven Inc is a mid-size nonprofit that has been operating for 59 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 9.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $3.9M |
| Surplus / Deficit | $-320,531 |
| Total Assets | $6.0M |
| Total Liabilities | $166K |
| Net Assets | $5.8M |
| Operating Margin | -9.0% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 18.5 months |
Financial Health Grade: B
In 2023, Animal Haven Inc reported a deficit of $321K with expenses exceeding revenue, holds 18.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Animal Haven Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.9% | +11.5% | -6.9% |
| 2022 | +25.3% | +15.1% | -0.9% |
| 2021 | +15.6% | +2.2% | -0.4% |
| 2020 | -31.4% | +3.0% | -3.6% |
| 2019 | +28.6% | +24.6% | +13.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1967 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Animal Haven Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Animal Haven Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $321K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.8%.
Executive Compensation Analysis
Animal Haven Inc consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers or that officers are uncompensated volunteers, which is a strong positive for transparency and resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Animal Haven Inc's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($3,880,475 expenses vs. $3,559,944 revenue) and 2021 ($3,023,698 expenses vs. $2,866,855 revenue), indicating potential operating deficits in recent years.
Strengths
The following positive indicators were identified for Animal Haven Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating strong financial transparency and dedication of resources to the mission.
- Healthy asset-to-liability ratio, demonstrating strong solvency (e.g., $5,969,452 assets vs. $165,940 liabilities in 2023).
- Significant long-term revenue growth from $2,096,186 in 2014 to $3,559,944 in 2023.
- Stable asset base, consistently above $5 million since 2016.
Frequently Asked Questions about Animal Haven Inc
Is Animal Haven Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Animal Haven Inc (EIN: 116101487) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Animal Haven Inc spend its money?
Animal Haven Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Animal Haven Inc tax-deductible?
Animal Haven Inc is registered as a tax-exempt nonprofit (EIN: 116101487). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Animal Haven Inc's spending goes to programs?
Animal Haven Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Animal Haven Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Animal Haven Inc is above average for NTEE category D200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Animal Haven Inc located?
Animal Haven Inc is headquartered in New York, New York and files with the IRS under EIN 116101487. It is classified under NTEE code D200.
How many years of IRS 990 filings does Animal Haven Inc have?
Animal Haven Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.6M in total revenue.
Is Animal Haven Inc a good charity?
Based on the available data, Animal Haven Inc appears to be a good charity. It maintains a healthy asset-to-liability ratio, has shown consistent revenue growth over the long term, and notably reports 0% officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How has Animal Haven Inc's revenue trended over the last decade?
Animal Haven Inc's revenue has shown a significant upward trend over the last decade, growing from $2,096,186 in 2014 to $3,559,944 in 2023, with a peak of $3,959,379 in 2015 and $3,613,913 in 2019.
What is the financial stability of Animal Haven Inc?
Animal Haven Inc demonstrates good financial stability with assets consistently exceeding liabilities. For example, in 2023, assets were $5,969,452 against liabilities of $165,940, indicating a strong balance sheet.
Does Animal Haven Inc pay its officers?
According to all available IRS 990 filings, Animal Haven Inc reports 0% officer compensation, suggesting that officers are either uncompensated or compensated through means not classified as officer compensation on the 990.
Filing History
IRS 990 filing history for Animal Haven Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Animal Haven Inc's revenue has grown by 240%, moving from $1.0M to $3.6M. Total assets increased by 429.9% over the same period, from $1.1M to $6.0M. Total functional expenses rose by 252.1%, from $1.1M to $3.9M. In its most recent filing year (2023), Animal Haven Inc reported a deficit of $321K, with expenses exceeding revenue. The organization holds $166K in liabilities against $6.0M in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $5.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.6M | $3.9M | $6.0M | $166K | — | — |
| 2022 | $3.6M | $3.5M | $6.4M | $172K | — | View 990 |
| 2021 | $2.9M | $3.0M | $6.5M | $227K | — | View 990 |
| 2020 | $2.5M | $3.0M | $6.5M | $251K | — | View 990 |
| 2019 | $3.6M | $2.9M | $6.7M | $89K | — | View 990 |
| 2018 | $2.8M | $2.3M | $6.0M | $71K | — | View 990 |
| 2017 | $2.1M | $1.9M | $5.6M | $270K | — | View 990 |
| 2016 | $2.4M | $2.0M | $5.2M | $66K | — | View 990 |
| 2015 | $4.0M | $1.7M | $4.9M | $76K | — | View 990 |
| 2014 | $2.1M | $1.6M | $2.7M | $116K | — | View 990 |
| 2013 | $2.0M | $1.4M | $2.1M | $40K | — | View 990 |
| 2012 | $1.5M | $1.3M | $1.5M | $68K | — | View 990 |
| 2011 | $1.3M | $1.2M | $1.2M | $39K | — | View 990 |
| 2010 | $1.0M | $1.1M | $1.1M | $74K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.6M, expenses of $3.9M, and assets of $6.0M (revenue -0.9% year-over-year).
- 2022: Revenue of $3.6M, expenses of $3.5M, and assets of $6.4M (revenue +25.3% year-over-year).
- 2021: Revenue of $2.9M, expenses of $3.0M, and assets of $6.5M (revenue +15.6% year-over-year).
- 2020: Revenue of $2.5M, expenses of $3.0M, and assets of $6.5M (revenue -31.4% year-over-year).
- 2019: Revenue of $3.6M, expenses of $2.9M, and assets of $6.7M (revenue +28.6% year-over-year).
- 2018: Revenue of $2.8M, expenses of $2.3M, and assets of $6.0M (revenue +33.6% year-over-year).
- 2017: Revenue of $2.1M, expenses of $1.9M, and assets of $5.6M (revenue -11.4% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.0M, and assets of $5.2M (revenue -40.0% year-over-year).
- 2015: Revenue of $4.0M, expenses of $1.7M, and assets of $4.9M (revenue +88.9% year-over-year).
- 2014: Revenue of $2.1M, expenses of $1.6M, and assets of $2.7M (revenue +5.5% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.4M, and assets of $2.1M (revenue +30.4% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.3M, and assets of $1.5M (revenue +14.3% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.2M, and assets of $1.2M (revenue +27.3% year-over-year).
- 2010: Revenue of $1.0M, expenses of $1.1M, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Animal Haven Inc:
Data Sources and Methodology
This transparency report for Animal Haven Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.