Real Hope for Haiti

Analysis

Real Hope for Haiti is a registered charity in United States, based in Noblesville, IN. It received its IRS tax-exemption ruling in November 2007, 19 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, Real Hope for Haiti reported income of $986k and spending of $1.1m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $775k to $986k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 93% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Real Hope for Haiti sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within IN. Charities of a similar size with the same main cause include International Medical Help Society Inc ($983k), The Prasad Project Inc ($986k) and Project on Organizing Development Education and Research Ltd ($981k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $59k (5.4% of expenses). Other salaries and wages came to $285k. At year end it held assets of $1.0m against liabilities of $65k, net assets of $939k. It reported 5 employees.