Follow Hard Ministries

Analysis

Follow Hard Ministries is a registered charity in United States, based in Ankeny, IA. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Follow Hard Ministries reported income of $72k and spending of $100k, spending 139% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $264k to $72k (-73%), an average of -48% a year. The sharpest change came in the year to December 2022, when income dropped by 56%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Follow Hard Ministries sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within IA. Charities of a similar size with the same main cause include Garlock Ministries ($72k), Light Work Ministries Inc ($72k) and Embolden Co ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $357k against liabilities of $238k, net assets of $119k.