Havanese Rescue Inc
Havanese Rescue Inc reports over $1 million in revenue with minimal expenses in 2023, driven by volunteer leadership.
EIN: 201343696 · Lewes, DE · NTEE: D20 · Updated: 2026-03-28
Is Havanese Rescue Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Havanese Rescue Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Havanese Rescue Inc
Havanese Rescue Inc (EIN: 201343696) is a nonprofit organization based in Lewes, DE, classified under NTEE code D20. The organization reported total revenue of $485K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Havanese Rescue Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Havanese Rescue Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $73K |
| Surplus / Deficit | +$957K |
| Total Assets | $1.5M |
| Net Assets | $1.5M |
| Operating Margin | 92.9% |
| Months of Reserves | 251.6 months |
Financial Health Grade: A
In 2023, Havanese Rescue Inc reported a surplus of $957K with revenue exceeding expenses, holds 251.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Havanese Rescue Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +495.7% | +68.5% | +166.2% |
| 2022 | +79.4% | -4.6% | +29.0% |
| 2021 | +118.3% | +47.9% | +12.9% |
| 2020 | -42.9% | +2.4% | +3.4% |
| 2019 | -37.2% | -37.6% | +14.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
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 Havanese Rescue Inc with a Mission Score of 95 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: 3%
- programs: 95%
- fundraising: 2%
According to IRS 990 filings, Havanese Rescue Inc allocates its expenses as follows: admin: 3%, programs: 95%, fundraising: 2%. With 95% 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 surplus of $957K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating a volunteer-led organization, which is highly commendable for a nonprofit of its size with assets reaching over $1.5 million.
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.
Strengths
The following positive indicators were identified for Havanese Rescue Inc:
- Exceptional financial efficiency with very low expenses relative to revenue (e.g., $73,141 expenses on $1,030,186 revenue in 2023).
- Consistent 0% officer compensation, indicating a volunteer-driven model.
- Strong and consistent asset growth, reaching $1,533,385 in 2023.
- No reported liabilities across all filing periods, demonstrating financial stability.
- Significant revenue growth in the latest filing period, indicating strong donor support.
Frequently Asked Questions about Havanese Rescue Inc
Is Havanese Rescue Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Havanese Rescue Inc (EIN: 201343696) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Havanese Rescue Inc spend its money?
Havanese Rescue Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Havanese Rescue Inc tax-deductible?
Havanese Rescue Inc is registered as a tax-exempt nonprofit (EIN: 201343696). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Havanese Rescue Inc a good charity?
Based on its financial data, Havanese Rescue Inc appears to be an excellent charity. It demonstrates exceptional financial efficiency, strong asset growth, and a commitment to a volunteer-led model with no reported officer compensation.
How does Havanese Rescue Inc manage its expenses?
Havanese Rescue Inc manages its expenses extremely well. In 2023, it incurred only $73,141 in expenses against over $1 million in revenue, indicating very tight cost control and a high degree of operational efficiency.
What is the financial trend of Havanese Rescue Inc?
Havanese Rescue Inc has shown a strong upward financial trend, particularly in 2023, with revenue surging to $1,030,186 from $172,932 in 2022, and assets growing significantly from $576,039 to $1,533,385 in the same period.
Filing History
IRS 990 filing history for Havanese Rescue Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Havanese Rescue Inc's revenue has grown by 602%, moving from $147K to $1.0M. Total assets increased by 1062.1% over the same period, from $132K to $1.5M. Total functional expenses fell by 34.8%, from $112K to $73K. In its most recent filing year (2023), Havanese Rescue Inc reported a surplus of $957K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $73K | $1.5M | $0 | — | View 990 |
| 2022 | $173K | $43K | $576K | $0 | — | View 990 |
| 2021 | $96K | $46K | $447K | $0 | — | View 990 |
| 2020 | $44K | $31K | $396K | $0 | — | — |
| 2019 | $77K | $30K | $383K | $0 | — | View 990 |
| 2018 | $123K | $48K | $335K | $0 | — | View 990 |
| 2017 | $98K | $70K | $260K | $0 | — | View 990 |
| 2016 | $94K | $61K | $233K | $0 | — | View 990 |
| 2015 | $99K | $86K | $200K | $0 | — | View 990 |
| 2014 | $133K | $114K | $187K | $0 | — | View 990 |
| 2013 | $135K | $129K | $170K | $795 | — | View 990 |
| 2012 | $126K | $96K | $162K | $343 | — | View 990 |
| 2011 | $147K | $112K | $132K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $73K, and assets of $1.5M (revenue +495.7% year-over-year).
- 2022: Revenue of $173K, expenses of $43K, and assets of $576K (revenue +79.4% year-over-year).
- 2021: Revenue of $96K, expenses of $46K, and assets of $447K (revenue +118.3% year-over-year).
- 2020: Revenue of $44K, expenses of $31K, and assets of $396K (revenue -42.9% year-over-year).
- 2019: Revenue of $77K, expenses of $30K, and assets of $383K (revenue -37.2% year-over-year).
- 2018: Revenue of $123K, expenses of $48K, and assets of $335K (revenue +26.0% year-over-year).
- 2017: Revenue of $98K, expenses of $70K, and assets of $260K (revenue +4.5% year-over-year).
- 2016: Revenue of $94K, expenses of $61K, and assets of $233K (revenue -5.7% year-over-year).
- 2015: Revenue of $99K, expenses of $86K, and assets of $200K (revenue -25.2% year-over-year).
- 2014: Revenue of $133K, expenses of $114K, and assets of $187K (revenue -2.0% year-over-year).
- 2013: Revenue of $135K, expenses of $129K, and assets of $170K (revenue +7.2% year-over-year).
- 2012: Revenue of $126K, expenses of $96K, and assets of $162K (revenue -14.0% year-over-year).
- 2011: Revenue of $147K, expenses of $112K, and assets of $132K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Havanese Rescue Inc:
Data Sources and Methodology
This transparency report for Havanese Rescue 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.