Colorado Haiti Project Inc

Analysis

Colorado Haiti Project Inc is a registered charity in United States, based in Louisville, CO. It received its IRS tax-exemption ruling in January 1997, 29 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, Colorado Haiti Project Inc reported income of $1.0m and spending of $1.2m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $540k to $1.0m (+93%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 107%. Over the whole period it spent 85% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Colorado Haiti Project Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within CO. Charities of a similar size with the same main cause include Project Manana ($1.0m), Sonia Nabeta Foundation ($1.0m) and Equipping the Persecuted ($1.0m).

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 $95k (7.8% of expenses). Other salaries and wages came to $54k. At year end it held assets of $1.2m against liabilities of $16k, net assets of $1.1m. It reported 2 employees.