Project Medishare for Haiti Inc

Analysis

Project Medishare for Haiti Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in April 2000, 26 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 2022, Project Medishare for Haiti Inc reported income of $2.1m and spending of $2.2m, spending 109% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $3.4m to $2.1m (-39%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Project Medishare for Haiti Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Every Child Ministries Inc ($2.0m), World Affairs Council of Dallas Fort Worth ($2.1m) and International Society for Individual Liberty Inc ($2.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 85% and program service revenue 15% of the total. At year end it held assets of $1.1m against liabilities of $49k, net assets of $1.1m. It reported 5 employees.