MakeHaven

4.9★★★★★(129 reviews)

770 Chapel St, New Haven, CT 06510

New Haven, Connecticut, United States

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Business facts

Estimated annual revenue~$423.0K
Estimated employees~3
In business since2012
Based on reported payroll data

Contacts

Area statistics (06510)

Population3,966
Median household income$69,694
Source: US Census ACS

About

MakeHaven, Inc. is a nonprofit community makerspace that provides a gathering place and workshop for makers, creators, tinkerers, and dreamers. The organization supports the development and collaboration on a wide variety of projects, including prototyping, fabrication, mechanics, electronics, crafts, art, and woodworking. Through free public events, skill-building workshops, and independent projects, MakeHaven enables people to make things and educates through hands-on work in various areas such as electronics, art, cooking, fabrication, sewing, 3D printing, laser cutting, metalwork, and woodworking. The organization is membership-driven and supports artisans, inventors, and other creatives in building their dreams, with the mission to "equip people with the tools to design, invent, and create." MakeHaven aims to create a sustainable membership-supported organization that provides shared tool and shop space, inspiring its members to create.

💳
Credit Cards
Yes
👶
Good For Kids
No
🏳️‍🌈
LGBTQ Friendly
Yes
🅿️
Parking
Street Parking, Yes
💰
Price
$$
Wheelchair Accessible
Parking, Yes
📶
Wi-Fi
Paid
Categories: Community Center, Makerspace.
ISIC Codes: 8549, 9499.

Market analysis

Earning around its category median in a growing category (Community Center).

EstimateCategory trend: 2024, +8.1%

Revenue trend (modeled)

~$272.1K2019
~$237.8K2020
~$237.6K2021
~$292.7K2022
~$376.9K2023
~$423.0K2024
Modeled from official industry statistics+9.2%/yr since 201980% confidence band: ±51%

Property

Lot size0.52 acres
ZoningBD1
CountySouth_central_connecticut_planning_region
Parcel owner770 CHAPEL STREET LLC
Assessed value$2.0M
On this lotshared with 22 other businesses
ObservedPublic assessor / cadastre record

Federal support (SBA)

EIDL advance grant (2020)$3.0K · 3 jobs reported
EIDL disaster loan (2020)$60.0K
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Community Center in Connecticut252~$222.0M~$888.0K~$385.2K4.6★1.1×
Category revenue trend2024: +8.1%2023: +11.6%2022: +16.5%2021: +6.3%Modeled from business-level estimates
Chain pressure34 chains expanding in this category, led by American Legion, FamilySearch center, Ccar (+237 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)1,670~$3.2B~$1.9M~$925.8K9,739~$1.2B0.5×
Other service activities79~$60.5M~$766.4K355
Education43~$192.3M~$4.5M507

1 km area (all businesses): median from the 1,385 of 1,670 businesses with estimates

Estimate

Area conditions (06510)

Population3,966 ±499
Median household income$69,694 ±$17,450
Median home value$413,200
Bachelor's degree or higher0.8%
Unemployment rate0.1%
Source: US Census ACS
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