Center of Hope Haiti Inc

Analysis

Center of Hope Haiti Inc is a registered charity in United States, based in Middlebury, CT. It received its IRS tax-exemption ruling in September 2004, 22 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, Center of Hope Haiti Inc reported income of $276k and spending of $363k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $435k to $276k (-36%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center of Hope Haiti Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within CT. Charities of a similar size with the same main cause include Pacific Ombudsman for Humanitarian Law ($276k), Food Bank of Lincoln Foundation ($276k) and Community Partners of Lubbock ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $49k. At year end it held assets of $1.8m against liabilities of $3,902, net assets of $1.8m. It reported 1 employees.