Haitian Bridge Alliance

Analysis

Haitian Bridge Alliance is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Haitian Bridge Alliance reported income of $3.4m and spending of $2.5m, leaving 26% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.5m to $3.4m (+136%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 49% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Haitian Bridge Alliance 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 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include New York Families for Autistic Children Inc ($3.4m), North East Community Center Association ($3.4m) and Global Hands Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $152k (6.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $6.6m against liabilities of $34k, net assets of $6.6m. It reported 36 employees.