Haitian Educational Initiatives

Analysis

Haitian Educational Initiatives is a registered charity in United States, based in Fairfield, CT. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Haitian Educational Initiatives reported income of $83k and spending of $105k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $83k (+4.2%), an average of +4.2% a year. Over the whole period it spent 125% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Haitian Educational Initiatives sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within CT. Charities of a similar size with the same main cause include Hackley Alumni Endowment Fund ($83k), H T Bell Farm Trust ($83k) and Sanders & Company Community Charity Event ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $66k against liabilities of $48, net assets of $65k.