Hope for Haitian Children Foundation

Analysis

Hope for Haitian Children Foundation is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in May 2010, 16 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, Hope for Haitian Children Foundation reported income of $193k and spending of $206k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $211k to $193k (-8.6%), an average of -4.4% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope for Haitian Children Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within LA. Charities of a similar size with the same main cause include Wisconsin Knights of Columbus Charities Inc ($193k), Common Garments Ministry Inc ($193k) and Cherry Street Farmers Market Inc ($193k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.