Hearts and Hands for Haiti

Analysis

Hearts and Hands for Haiti is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in February 2006, 20 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hearts and Hands for Haiti reported income of $747k and spending of $807k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $618k to $747k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hearts and Hands for Haiti sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Digital Citizen Fund Inc ($746k), Judaicasite Inc ($747k) and Humpty Dumpty Institute Inc ($746k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $113k (14% of expenses). Other salaries and wages came to $20k. At year end it held assets of $662k against liabilities of $0, net assets of $662k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.