Is Helping Hands For Haiti Legit?

Quick charity verification for Helping Hands For Haiti (EIN: 205931465)

Verdict: Helping Hands For Haiti appears trustworthy

75/100Mission Score
$144KRevenue
$44KAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Helping Hands For Haiti demonstrates a consistent operational presence with fluctuating financial performance over the past decade. While the organization has experienced periods of revenue exceeding expenses, such as in 2022 ($235,112 revenue vs. $157,949 expenses), it also shows years where expenses outpaced revenue, notably in 2023 ($176,344 revenue vs. $199,069 expenses) and 2021 ($221,987 revenue vs. $255,086 expenses). This indicates a need for careful financial planning to ensure long-term sustainability. The organization consistently reports zero liabilities and zero officer compensation, which are positive indicators of financial health and a volunteer-driven model, respectively. However, the absence of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging. The organization's assets have varied significantly, from a low of $3,707 in 2014 to a high of $84,459 in 2022, suggesting an inconsistent accumulation of reserves.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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