Hardy Group Ministries

Analysis

Hardy Group Ministries is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in August 2009, 17 years ago. 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, Hardy Group Ministries reported income of $128k and spending of $117k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $128k (+164%), an average of +164% a year. The sharpest change came in the year to December 2023, when income rose by 164%. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hardy Group Ministries sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within MO. Charities of a similar size with the same main cause include Passport to Freedom ($128k), Lakes Area Care Incorporated ($128k) and Northfield Apartments Inc ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.3% and program service revenue 88% of the total. At year end it held assets of $4,224 against liabilities of $47k, net assets of -$43k.