Chicago Friends of Haiti

Analysis

Chicago Friends of Haiti is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Chicago Friends of Haiti reported income of $171k and spending of $245k, spending 144% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $283k to $171k (-40%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chicago Friends of Haiti sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include Pleasant Senior Nutrition Inc ($171k), Open Door Community Center ($171k) and Brazos Interfaith Immigration Network ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $75k against liabilities of $1,430, net assets of $73k.