Functional Literacy Ministry of Haiti

Analysis

Functional Literacy Ministry of Haiti is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in July 1985, 41 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 September 2023, Functional Literacy Ministry of Haiti reported income of $222k and spending of $154k, leaving 31% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $192k to $222k (+16%), an average of +3.7% a year. The sharpest change came in the year to September 2021, when income rose by 54%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Functional Literacy Ministry of Haiti 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 56th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include St George Island Charity Cook Off Auction Inc ($222k), Sunburst Homes Inc ($222k) and Point Pleasant First Aid & Emergency Squad ($222k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $120k against liabilities of $0, net assets of $120k.