Hasna Inc

Analysis

Hasna Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in August 2023, 3 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Hasna Inc reported income of $72k and spending of $235k, spending 325% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.0m to $72k (-93%), an average of -58% a year. The sharpest change came in the year to December 2020, when income rose by 116%. Over the whole period it spent 25% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hasna Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within NC. Charities of a similar size with the same main cause include Serbian National Defense Council of America ($72k), Ghanian Mothers Hope Inc ($72k) and LA Luz de Cristo Ministries Inc ($72k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.5% of the total. At year end it held assets of $3.5m against liabilities of $5,497, net assets of $3.5m. It reported 2 employees.