Flanbwayan Haitian Literacy Project

Analysis

Flanbwayan Haitian Literacy Project is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Flanbwayan Haitian Literacy Project reported income of $741k and spending of $778k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $741k (+184%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 126%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Flanbwayan Haitian Literacy Project 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 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Starthrower Group ($741k), Indianapolis Theological Seminary ($742k) and Frenchtown Neighborhood Improvement Association Inc ($741k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $139k (18% of expenses). Other salaries and wages came to $322k. At year end it held assets of $396k against liabilities of $17k, net assets of $379k. It reported 7 employees.