New Life for Haiti
Analysis
New Life for Haiti is a registered charity in United States, based in Plainfield, IL. It received its IRS tax-exemption ruling in September 2011, 15 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 March 2023, New Life for Haiti reported income of $428k and spending of $446k, spending 104% of its income. Across the 5 years on record, from December 2019 to March 2023, income fell from $459k to $428k (-6.6%), an average of -1.7% a year. The sharpest change came in the year to March 2022, when income rose by 779%. Over the whole period it spent 88% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Life for Haiti sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within IL. Charities of a similar size with the same main cause include Love Inc - Heartland ($428k), Connellsville Area Community Ministries ($428k) and Serving Orphans and Widows Ministries ($428k).
On its Form 990 for the period ending March 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $57k (13% of expenses). Other salaries and wages came to $79k. At year end it held assets of $368k against liabilities of $9,151, net assets of $359k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 85%
- Other 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Love Inc - Heartland | Delano | $428k |
| Connellsville Area Community Ministries | Connellsville | $428k |
| Serving Orphans and Widows Ministries | Chula Vista | $428k |
| Pennridge Fish Organization Inc | Perkasie | $428k |