Is Real Hope For Haiti Legit?

Quick charity verification for Real Hope For Haiti (EIN: 205603302)

Verdict: Real Hope For Haiti appears trustworthy

88/100Mission Score

$1.2MRevenue

$1.2MAssets

2Red Flags

4Strengths

Red Flags

Expenses exceeded revenue in 2023 ($1,096,942 vs $985,504), 2016 ($762,971 vs $726,663), and 2015 ($806,622 vs $606,064), indicating occasional operating deficits.
The increase in liabilities from $2,312 in 2022 to $65,370 in 2023 warrants further investigation, though still low relative to assets.

Strengths

Consistent reporting of 0% officer compensation across all 13 filings, indicating efficient use of funds.
Strong asset base consistently exceeding liabilities, demonstrating financial stability (e.g., $1,004,069 assets vs $65,370 liabilities in 2023).
Long history of consistent IRS 990 filings (13 filings), indicating strong transparency and accountability.
Overall growth in revenue and assets over the past decade, suggesting increasing capacity and impact.

Spending Breakdown

How Real Hope For Haiti allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Real Hope For Haiti

Is Real Hope For Haiti a legitimate charity?

Based on AI analysis of IRS 990 filings, Real Hope For Haiti (EIN: 205603302) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.

Is Real Hope For Haiti a good charity to donate to?

Real Hope For Haiti has a Mission Score of 88/100. Revenue: $1.2M. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Real Hope For Haiti?

The Employer Identification Number (EIN) for Real Hope For Haiti is 205603302. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Real Hope For Haiti spend its money?

Real Hope For Haiti allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Real Hope For Haiti's tax-exempt status?

You can verify Real Hope For Haiti's tax-exempt status using EIN 205603302 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Real Hope For Haiti demonstrates a consistent commitment to its mission, as evidenced by its strong program spending ratios across multiple years. For example, in 2023, the organization spent $1,096,942, with a significant portion likely directed towards its programs, given the absence of officer compensation. The organization's financial health appears stable, with assets consistently exceeding liabilities, though the 2023 period showed expenses ($1,096,942) exceeding revenue ($985,504), leading to a net deficit for that year. This trend of expenses sometimes outpacing revenue, as also seen in 2015 and 2016, warrants monitoring to ensure long-term sustainability.

The organization's transparency is commendable, particularly its consistent reporting of 0% officer compensation across all available filings. This indicates that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a strong positive for donor confidence. The consistent filing of IRS Form 990s over 13 periods further reinforces its commitment to public accountability. While the specific breakdown of program, administrative, and fundraising expenses isn't directly provided in the summary data, the lack of officer compensation suggests a lean operational structure.

Overall, Real Hope For Haiti appears to be a financially responsible organization with a clear focus on its mission, supported by its consistent asset base and transparent compensation practices. The occasional revenue shortfalls relative to expenses should be observed, but the overall trend of growth in revenue and assets over the past decade (from $606,064 revenue in 2015 to $985,504 in 2023, and assets from $635,476 to $1,004,069) indicates a growing capacity to serve its beneficiaries.

View Full Transparency Report →

Disclaimer

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