Lambi Fund of Haiti

Analysis

Lambi Fund of Haiti is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1994, 32 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, Lambi Fund of Haiti reported income of $150k and spending of $230k, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $163k to $150k (-8.2%), an average of -2.1% a year. The sharpest change came in the year to December 2020, when income rose by 127%. Over the whole period it spent 114% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Lambi Fund of Haiti sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 25th percentile within DC. Charities of a similar size with the same main cause include Rights Action ($150k), Radical Grandma Collective ($150k) and Friends of the Redeemer United ($150k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $6,500 (2.8% of expenses). Other salaries and wages came to $46k. It paid $5,586 in professional fundraising fees. At year end it held assets of $445k against liabilities of $2,403, net assets of $442k. It reported 1 employees.