Believe in Haiti

Analysis

Believe in Haiti is a registered charity in United States, based in Franktown, CO. It received its IRS tax-exemption ruling in January 2013, 13 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 December 2023, Believe in Haiti reported income of $90k and spending of $70k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $244k to $90k (-63%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 58%. Over the whole period it spent 76% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Believe in Haiti sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 30th percentile within CO. Charities of a similar size with the same main cause include Hope International Foundation Inc ($90k), Global Dignity Inc ($90k) and Friends of Rule of Law in Ecuador Inc ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $418k against liabilities of -$1,892, net assets of $420k.