Haitian American Friendship Foundation Incorporated
Analysis
Haitian American Friendship Foundation Incorporated is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in June 1978, 48 years ago. 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 June 2024, Haitian American Friendship Foundation Incorporated reported income of $615k and spending of $542k, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $489k to $615k (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 91% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Haitian American Friendship Foundation Incorporated sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IN. Charities of a similar size with the same main cause include Tileworks of Bucks County ($615k), Harvest of Hope Food Pantry Inc ($615k) and Habitat for Humanity International Inc ($615k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $105k. At year end it held assets of $573k against liabilities of $3,294, net assets of $570k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 4.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tileworks of Bucks County | Doylestown | $615k |
| Harvest of Hope Food Pantry Inc | York | $615k |
| Habitat for Humanity International Inc | Bowling Green | $615k |
| Lower Merion Township Police Pension Association | Ardmore | $615k |