Generations of Hope Haiti

Analysis

Generations of Hope Haiti is a registered charity in United States, based in Meriden, CT. It received its IRS tax-exemption ruling in May 2024, 2 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 August 2023, Generations of Hope Haiti reported income of $166k and spending of $132k, leaving 21% of income unspent that year. Across the 3 years on record, from August 2021 to August 2023, income fell from $274k to $166k (-39%), an average of -22% a year. The sharpest change came in the year to August 2022, when income dropped by 36%. Over the whole period it spent 93% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Generations of Hope Haiti sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within CT. Charities of a similar size with the same main cause include Rahma Foundation USA ($166k), Human Friends Organization International Inc ($166k) and Spring of Life Ministries ($166k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $377k against liabilities of $0, net assets of $377k.