Hope to Haiti Inc

Analysis

Hope to Haiti Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in May 2010, 16 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, Hope to Haiti Inc reported income of $77k and spending of $96k, spending 124% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $385k to $77k (-80%), an average of -55% a year. The sharpest change came in the year to December 2022, when income dropped by 75%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope to Haiti Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 34th percentile within FL. Charities of a similar size with the same main cause include Agape Community Outreach Mission Inc ($77k), Lifes Door Inc ($77k) and One Day at a Time Ministries Inc ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.