Hays Ministries Inc

Analysis

Hays Ministries Inc is a registered charity in United States, based in Maple Valley, WA. It received its IRS tax-exemption ruling in September 2005, 21 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, Hays Ministries Inc reported income of $52k and spending of $52k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $62k to $52k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hays Ministries Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 15th percentile within WA. Charities of a similar size with the same main cause include Iglesia Cristiana Tiempo de Creer ($52k), Our Inheritance Ministries Inc ($52k) and Acts Ongoing ($52k).

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 $133 against liabilities of $300, net assets of -$167.