Haiti Companions Inc

Analysis

Haiti Companions Inc is a registered charity in United States, based in Jasper, GA. It received its IRS tax-exemption ruling in February 2018, 8 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, Haiti Companions Inc reported income of $70k and spending of $74k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $83k to $70k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 91% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Haiti Companions Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within GA. Charities of a similar size with the same main cause include Virtues Children Nepal Inc ($70k), Kindness Abroad Foundation Inc ($70k) and Caminos de Accion ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $42k (56% of expenses). At year end it held assets of $84k against liabilities of $24k, net assets of $59k.