Mike Hrabal Ministries Inc

Analysis

Mike Hrabal Ministries Inc is a registered charity in United States, based in Grand Prairie, TX. It received its IRS tax-exemption ruling in March 1994, 32 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, Mike Hrabal Ministries Inc reported income of $79k and spending of $110k, spending 139% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $100k to $79k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mike Hrabal Ministries Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include More Prescious Than Rubies ($79k), Iglesia Primitiva de Los Ultimos Tiempos Pentecostes ($79k) and Arise Christian Church ($79k).

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 $26k against liabilities of $5,928, net assets of $20k.