Haiti Plunge Inc

Analysis

Haiti Plunge Inc is a registered charity in United States, based in Adams, MA. It received its IRS tax-exemption ruling in September 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Haiti Plunge Inc reported income of $106k and spending of $107k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $223k to $106k (-53%), an average of -31% a year. The sharpest change came in the year to December 2022, when income dropped by 62%. Over the whole period it spent 73% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Haiti Plunge Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include Gennadiy Mokhnenko Ministries ($106k), Viamistad Corporation ($106k) and Global Health Alliance Inc ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $232k against liabilities of $1,445, net assets of $231k.