Hayate Abadi Ministries

Analysis

Hayate Abadi Ministries is a registered charity in United States, based in Lynnwood, WA. It received its IRS tax-exemption ruling in September 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, Hayate Abadi Ministries reported income of $89k and spending of $92k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $95k to $89k (-5.8%), an average of -5.8% a year. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hayate Abadi Ministries sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 29th percentile within WA. Charities of a similar size with the same main cause include Kingdom Discipleship ($89k), Grace Overflowing Ministries Inc ($89k) and Blastoff Music Ministries Inc ($89k).

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 $61k against liabilities of $0, net assets of $61k.