Havens Relief Fund Society
Havens Relief Fund Society consistently grows assets with zero officer compensation.
EIN: 135562382 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $13.1M |
| Total Expenses | $2.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $50 |
| Net Assets | $50.4M |
| Transparency Score | 90/100 |
Is Havens Relief Fund Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Havens Relief Fund Society directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Havens Relief Fund Society
Havens Relief Fund Society (EIN: 135562382) is a nonprofit organization based in New York, NY. The organization reported total revenue of $13.1M and total assets of $57.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Havens Relief Fund Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Havens Relief Fund Society is a large nonprofit that has been operating for 92 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$291K |
| Total Assets | $50.7M |
| Total Liabilities | $380K |
| Net Assets | $50.4M |
| Operating Margin | 10.7% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 251.0 months |
Financial Health Grade: A
In 2023, Havens Relief Fund Society reported a surplus of $291K with revenue exceeding expenses, holds 251.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Havens Relief Fund Society's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -45.3% | +7.8% | +18.1% |
| 2022 | +36.1% | +9.2% | -18.0% |
| 2021 | +37.6% | +7.9% | +9.7% |
| 2020 | +65.4% | +23.8% | +12.8% |
| 2019 | -17.4% | +0.9% | +37.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 9000 |
| IRS Ruling Date | 1934 |
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 Havens Relief Fund Society with a Mission Score of 90 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, Havens Relief Fund Society 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 surplus of $291K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual for an organization with assets exceeding $50 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.
Red Flags
The following concerns were identified during AI analysis of Havens Relief Fund Society's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided summary data, making precise efficiency analysis difficult.
Strengths
The following positive indicators were identified for Havens Relief Fund Society:
- Consistent asset growth, from $24.9 million in 2011 to $50.7 million in 2023, demonstrating strong financial management.
- Zero officer compensation reported across all filings, indicating a high dedication of resources to the mission.
- Expenses consistently lower than revenue in most periods, leading to healthy surpluses and asset accumulation.
- Low liabilities reported across all periods, suggesting a strong balance sheet and responsible financial practices.
- Long history of IRS 990 filings (10 filings), indicating stability and established operations.
Frequently Asked Questions about Havens Relief Fund Society
Is Havens Relief Fund Society a legitimate charity?
Havens Relief Fund Society (EIN: 135562382) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $13.1M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Havens Relief Fund Society spend its money?
Havens Relief Fund Society directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Havens Relief Fund Society tax-deductible?
Havens Relief Fund Society is registered as a tax-exempt nonprofit (EIN: 135562382). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Havens Relief Fund Society CEO make?
Havens Relief Fund Society's highest-compensated officer earns $50 annually. The organization reported $13.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Havens Relief Fund Society's spending goes to programs?
Havens Relief Fund Society directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Havens Relief Fund Society located?
Havens Relief Fund Society is headquartered in New York, New York and files with the IRS under EIN 135562382.
How many years of IRS 990 filings does Havens Relief Fund Society have?
Havens Relief Fund Society has 10 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 $13.1M in total revenue.
Is Havens Relief Fund Society a good charity?
Based on the provided financial data, Havens Relief Fund Society appears to be a very good charity. It consistently grows its assets, manages expenses well below revenue, and reports 0% officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time, with assets growing from $24.9 million in 2011 to $50.7 million in 2023. Revenue and expenses have fluctuated but generally show a healthy surplus, contributing to this asset growth.
What is the trend in Havens Relief Fund Society's revenue?
Revenue for Havens Relief Fund Society has fluctuated, with a low of $1.1 million in 2012 and a high of $4.9 million in 2022. The latest reported revenue for 2023 was $2.7 million, indicating variability but generally strong income generation.
Filing History
IRS 990 filing history for Havens Relief Fund Society showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Havens Relief Fund Society's revenue has grown by 38.7%, moving from $2.0M to $2.7M. Total assets increased by 103.2% over the same period, from $25.0M to $50.7M. Total functional expenses rose by 79.6%, from $1.4M to $2.4M. In its most recent filing year (2023), Havens Relief Fund Society reported a surplus of $291K, with revenue exceeding expenses. The organization holds $380K in liabilities against $50.7M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $50.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $2.4M | $50.7M | $380K | — | — |
| 2022 | $5.0M | $2.3M | $42.9M | $240K | — | View 990 |
| 2021 | $3.7M | $2.1M | $52.4M | $1 | — | View 990 |
| 2020 | $2.7M | $1.9M | $47.8M | $1 | — | View 990 |
| 2019 | $1.6M | $1.5M | $42.3M | $1 | — | — |
| 2015 | $1.9M | $1.5M | $30.7M | $0 | — | View 990 |
| 2014 | $2.9M | $1.3M | $31.8M | $0 | — | View 990 |
| 2013 | $2.1M | $1.4M | $30.3M | $0 | — | View 990 |
| 2012 | $1.2M | $1.3M | $26.1M | $0 | — | View 990 |
| 2011 | $2.0M | $1.4M | $25.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $2.4M, and assets of $50.7M (revenue -45.3% year-over-year).
- 2022: Revenue of $5.0M, expenses of $2.3M, and assets of $42.9M (revenue +36.1% year-over-year).
- 2021: Revenue of $3.7M, expenses of $2.1M, and assets of $52.4M (revenue +37.6% year-over-year).
- 2020: Revenue of $2.7M, expenses of $1.9M, and assets of $47.8M (revenue +65.4% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.5M, and assets of $42.3M (revenue -17.4% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.5M, and assets of $30.7M (revenue -33.1% year-over-year).
- 2014: Revenue of $2.9M, expenses of $1.3M, and assets of $31.8M (revenue +40.5% year-over-year).
- 2013: Revenue of $2.1M, expenses of $1.4M, and assets of $30.3M (revenue +74.0% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.3M, and assets of $26.1M (revenue -39.3% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.4M, and assets of $25.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Havens Relief Fund Society:
Data Sources and Methodology
This transparency report for Havens Relief Fund Society 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.