North Raleigh Ministries Inc
Raleigh, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,318,458โ15% | $3,671,374โ10% | $6,684,513โ6% | โ |
| 2022 | $5,054,097โ46% | $3,338,870โ21% | $6,285,593โ180% | โ |
| 2021 | $3,470,740โ16% | $2,767,713โ7% | $2,243,323โ23% | โ |
| 2020 | $2,985,740โ16% | $2,985,502โ33% | $1,824,190โ18% | โ |
| 2019 | $2,571,056โ15% | $2,239,995โ12% | $1,551,505โ29% | โ |
| 2018 | $2,227,149โ9% | $1,996,595โ11% | $1,201,165โ25% | โ |
| 2017 | $2,048,519โ41% | $1,801,450โ51% | $960,599โ32% | โ |
| 2016 | $1,457,549โ41% | $1,191,292โ12% | $728,719โ67% | โ |
| 2015 | $1,036,431โ23% | $1,063,747โ17% | $437,272โ21% | โ |
| 2014 | $1,354,205โ6% | $1,277,050โ4% | $551,429โ16% | โ |
| 2013 | $1,442,633โ29% | $1,230,892โ14% | $477,021โ88% | โ |
| 2012 | $1,115,459โ22% | $1,081,240โ19% | $253,531โ15% | โ |
| 2011 | $914,850 | $910,848 | $220,744 | โ |
Frequently Asked Questions
What does North Raleigh Ministries Inc do?โผ
North Raleigh Ministries Inc is a religion-related nonprofit organization based in North Carolina. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is North Raleigh Ministries Inc financially healthy?โผ
Based on our 9-metric Financial Health Score model, North Raleigh Ministries Inc has a score of 82/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does North Raleigh Ministries Inc generate?โผ
North Raleigh Ministries Inc reports $5.6M in annual revenue and holds $8.0M in total assets, based on IRS filings.
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