Haitian Development Center of Delmarva Inc

Analysis

Haitian Development Center of Delmarva Inc is a registered charity in United States, based in Salisbury, MD. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Haitian Development Center of Delmarva Inc reported income of $64k and spending of $52k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $102k to $64k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Haitian Development Center of Delmarva Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within MD. Charities of a similar size with the same main cause include Afrolatino Forum ($64k), Adaptors Inc ($64k) and North Texas Youth Ballet Inc ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 109% of the total. Other salaries and wages came to $4,420. At year end it held assets of $46k against liabilities of $1,114, net assets of $45k. It reported 7 employees.