Haiti Benefit Auction

Analysis

Haiti Benefit Auction is a registered charity in United States, based in Nappanee, IN. It received its IRS tax-exemption ruling in January 2023, 3 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 February 2024, Haiti Benefit Auction reported income of $4.6m and spending of $4.6m, spending 99% of its income. Across the 6 years on record, from February 2019 to February 2024, income grew from $790k to $4.6m (+483%), an average of +42% a year. The sharpest change came in the year to February 2020, when income rose by 298%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Haiti Benefit Auction 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 92nd percentile, and in the 92nd percentile within IN. Charities of a similar size with the same main cause include Cadena Foundation ($4.6m), Junior Achievement of Utah Inc ($4.6m) and Girl Rising ($4.6m).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 70% and program service revenue 27% of the total. At year end it held assets of $636k against liabilities of $9,048, net assets of $627k.