Hakima Ministries

Analysis

Hakima Ministries is a registered charity in United States, based in Freeport, FL. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Hakima Ministries reported income of $119k and spending of $182k, spending 153% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $439k to $119k (-73%), an average of -35% a year. The sharpest change came in the year to December 2022, when income dropped by 58%. Over the whole period it spent 73% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hakima Ministries sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 45th percentile within FL. Charities of a similar size with the same main cause include Eurasia Democracy Initiative Inc ($119k), Friends of Romania Inc ($119k) and Esna Village Network ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $297k against liabilities of $317, net assets of $297k.