Crosby Fund for Haitian Education Inc

Analysis

Crosby Fund for Haitian Education Inc is a registered charity in United States, based in Old Lyme, CT. It received its IRS tax-exemption ruling in September 2004, 22 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 June 2023, Crosby Fund for Haitian Education Inc reported income of $733k and spending of $815k, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $604k to $733k (+21%), an average of +6.7% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Crosby Fund for Haitian Education Inc 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 74th percentile within CT. Charities of a similar size with the same main cause include Unitas North America ($733k), Global Samaritan Resources Inc ($734k) and International Law Students Association ($733k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $41k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 1 employees.