Haitian-American United Inc

Analysis

Haitian-American United Inc is a registered charity in United States, based in Mattapan, MA. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Haitian-American United Inc reported income of $70k and spending of $60k, spending 86% of its income. Across the 3 years on record, from December 2021 to June 2023, income fell from $215k to $70k (-68%), an average of -43% a year. The sharpest change came in the year to June 2023, when income dropped by 68%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Haitian-American United Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 36th percentile within MA. Charities of a similar size with the same main cause include Ukrainian Cultural Center Ofsyracuse Inc ($70k), The Clarity House ($70k) and Arts Council of Chester County ($70k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.