Friends of Haiti in New York Corp

Analysis

Friends of Haiti in New York Corp is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2012, 14 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, Friends of Haiti in New York Corp reported income of $249k and spending of $249k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $279k to $249k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Haiti in New York Corp sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Crosspoint of India Inc ($249k), Chiraj Inc ($249k) and Afghan Literacy Foundation ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.