Haiti Project Inc

Analysis

Haiti Project Inc is a registered charity in United States, based in Hopewell JCT, NY. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Haiti Project Inc reported income of $306k and spending of $258k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $331k to $306k (-7.6%), an average of -2.0% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 83% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Haiti Project Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Jeremie Christian Mission Inc ($306k), Make a Difference Leadership Foundation ($306k) and Pet Mi-Holland ($305k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $67k (26% of expenses). Other salaries and wages came to $12k. At year end it held assets of $358k against liabilities of $10k, net assets of $347k. It reported 6 employees.