Haitian Hearts Foundation

Analysis

Haitian Hearts Foundation is a registered charity in United States, based in Washington, IL. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Haitian Hearts Foundation reported income of $116k and spending of $147k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $162k to $116k (-28%), an average of -8.0% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Haitian Hearts Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within IL. Charities of a similar size with the same main cause include Family Initiative of the Csra Inc ($116k), Fosters Community Development Center Inc ($116k) and Awareness USA Inc ($116k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.