Hana Mission

Analysis

Hana Mission is a registered charity in United States, based in Paterson, NJ. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hana Mission reported income of $333k and spending of $309k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $197k to $333k (+69%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 67%. Over the whole period it spent 110% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hana Mission sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include The Buddhist Center of New England Inc ($333k), Joyful Noise Xpress Inc ($333k) and Free Indeed ($333k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. Compensation of current officers, directors and key employees was $23k (7.3% of expenses). Other salaries and wages came to $59k. At year end it held assets of $1.1m against liabilities of $389k, net assets of $726k. It reported 4 employees.