Hands Together for Haitians Inc

Analysis

Hands Together for Haitians Inc is a registered charity in United States, based in N Palm Beach, FL. It received its IRS tax-exemption ruling in April 2006, 20 years ago. 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, Hands Together for Haitians Inc reported income of $625k and spending of $689k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $227k to $625k (+176%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 98%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hands Together for Haitians Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Human Life Foundation Inc ($625k), Change the Outcome ($626k) and Tennessee Nature Academy ($625k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $79k (11% of expenses). Other salaries and wages came to $60k. At year end it held assets of $407k against liabilities of $0, net assets of $407k. It reported 6 employees.