Haitian Association of Indiana Corp

Analysis

Haitian Association of Indiana Corp is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 2012, 14 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, Haitian Association of Indiana Corp reported income of $214k and spending of $237k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $163k to $214k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Haitian Association of Indiana Corp sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within IN. Charities of a similar size with the same main cause include Erins Angels of Cny Inc ($214k), Alsn ($214k) and Lincoln Hills Foundation ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $13k. At year end it held assets of $3,733 against liabilities of $45k, net assets of -$41k.