Many Hands for Haiti

Analysis

Many Hands for Haiti is a registered charity in United States, based in Pella, IA. It received its IRS tax-exemption ruling in May 2009, 17 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 December 2023, Many Hands for Haiti reported income of $7.2m and spending of $7.5m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $7.2m (+129%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Many Hands for Haiti sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IA. Charities of a similar size with the same main cause include Siouxland Human Investment Partnership Inc ($7.2m), Action Inc ($7.2m) and Incorporation to Maximize Personal ($7.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 6.6% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $2.5m against liabilities of $569k, net assets of $1.9m. It reported 125 employees.