Hope Grows Haiti Inc

Analysis

Hope Grows Haiti Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in November 2016, 10 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, Hope Grows Haiti Inc reported income of $53k and spending of $55k, spending 103% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $130k to $53k (-59%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 106% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope Grows Haiti Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 24th percentile within FL. Charities of a similar size with the same main cause include Rheinischer Verein Inc ($53k), Virginia Wright Health Clinic Fund - Kapkemich ($53k) and Amboseli Childrens Fund Inc ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,136 against liabilities of $0, net assets of $1,136.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.