St Boniface Haiti Foundation Inc

Analysis

St Boniface Haiti Foundation Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Boniface Haiti Foundation Inc reported income of $12.6m and spending of $14.0m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.9m to $12.6m (+59%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Boniface Haiti Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Aleutian Pribilof Island Community Development Association Apicda ($12.5m), The Great Miami Valley YMCA ($12.6m) and Alpha-Omega Alliance Inc ($12.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $645k (4.6% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $14.2m against liabilities of $3.0m, net assets of $11.1m. It reported 20 employees.