Denny and Marge Hazen Ministries Inc

Analysis

Denny and Marge Hazen Ministries Inc is a registered charity in United States, based in Louisville, OH. It received its IRS tax-exemption ruling in September 1985, 41 years ago. 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, Denny and Marge Hazen Ministries Inc reported income of $132k and spending of $147k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $225k to $132k (-42%), an average of -13% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Denny and Marge Hazen Ministries Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OH. Charities of a similar size with the same main cause include Alano Society of Rapid City ($132k), PTA California Congress of Parents Teachers & Students Inc ($132k) and Woodland Productions ($131k).

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 $250k against liabilities of $36k, net assets of $213k.