The Tracy Hanson Initiative
Analysis
The Tracy Hanson Initiative is a registered charity in United States, based in Holland, MI. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, The Tracy Hanson Initiative reported income of $127k and spending of $89k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $130k to $127k (-1.7%), an average of -1.7% a year. Over the whole period it spent 61% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, The Tracy Hanson Initiative sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within MI. Charities of a similar size with the same main cause include Truth Unleashed Ministries Inc ($127k), Raising the Standards of God Ministry ($127k) and Gesher Galicia Inc ($127k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $233k against liabilities of $0, net assets of $233k.
Income and spending
Where the income comes from
- Contributions & grants 58%
- Other 42%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Truth Unleashed Ministries Inc | Parker | $127k |
| Raising the Standards of God Ministry | Virginia BCH | $127k |
| Gesher Galicia Inc | Los Angeles | $127k |
| Helping Hands Ministries | Kent | $127k |