Hearts for Haiti Inc

Analysis

Hearts for Haiti Inc is a registered charity in United States, based in Roseburg, OR. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hearts for Haiti Inc reported income of $67k and spending of $74k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $71k to $67k (-5.7%), an average of -5.7% a year. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hearts for Haiti Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within OR. Charities of a similar size with the same main cause include 2xtreme Foundation Inc ($67k), Single Parent Project ($67k) and Homeless Paradise ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.