Hastening Inc

Analysis

Hastening Inc is a registered charity in United States, based in Henderson, NV. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Hastening Inc reported income of $73k and spending of $82k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $73k (-0.7%), an average of -0.7% a year. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hastening Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within NV. Charities of a similar size with the same main cause include Georgia Southern Christian Campus Fellowship ($73k), J W a S a International Ministries Inc ($73k) and Rytmo-Reaching Youth Through Music Opportunities Inc- ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. At year end it held assets of $13k against liabilities of $225, net assets of $13k.