Center for Haitian Studies Inc

Analysis

Center for Haitian Studies Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in April 1990, 36 years ago. 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 2022, Center for Haitian Studies Inc reported income of $1.1m and spending of $1.2m, spending 108% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.4m to $1.1m (-21%), an average of -7.7% a year. The sharpest change came in the year to December 2022, when income rose by 92%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Haitian Studies Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Wood County Medical Building Inc ($1.1m), Eagle Futbol Club ($1.1m) and Habitat for Humanity International Inc ($1.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.2m against liabilities of $58k, net assets of $1.2m. It reported 12 employees.