Mark Hanby Ministries

Analysis

Mark Hanby Ministries is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in March 1992, 34 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, Mark Hanby Ministries reported income of $154k and spending of $171k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $172k to $154k (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2020, when income dropped by 24%. Over the whole period it spent 130% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mark Hanby Ministries sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within TN. Charities of a similar size with the same main cause include Acaciawood Mission ($154k), Evangelical Greenhouse Ministries International ($154k) and Victory World Outreach International Inc ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $120k (70% of expenses). At year end it held assets of $295k against liabilities of $1,134, net assets of $294k.