Haven for Hope’s Economic Impact in San Antonio
The Kronkosky Charitable Foundation contracted with Steve Nivin, Ph.D. to conduct a Cost-Benefit Analysis of Haven for Hope. The purpose of the study was to measure the net benefits of the services provided by Haven for Hope to the community from 2007 – 2019. The benefits measured in the study included the economic and fiscal impacts of Haven’s operations, the economic and fiscal impacts of the volunteers at Haven, the benefits of reduced crime, the benefits of providing school stability to children, and the benefits of medical care, housing, and other care services.
Some key findings include:
- Haven for Hope’s net benefits to the community averaged $5.6 billion.
- For every $1 spent to create and operate Haven, the community has received $29 in benefits.
- In total, benefits derived from the reduced criminal activity are approximately $142 million.
- Haven for Hope assisted 3,911 clients with obtaining employment. Those 3,911 contributed more than $433 million back to the community including $2,049,613 to local, state, and federal governments.
To read the full report, click here.