Magnify Ministries
Yadkinville, North Carolina
BHealth Score
55B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$116K
Total Revenue
📊
$85K
Total Expenses
🏦
$130K
Net Assets
📋
N/A
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-33.4%
Year-over-year change (2022 → 2023)
Net Margin
+26.6%
Revenue minus expenses as % of revenue
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $116,241↓33% | $85,302↓60% | $130,100↑31% | — |
| 2022 | $174,476↑31% | $213,746↑91% | $99,162↓28% | — |
| 2021 | $133,076↑41% | $111,675↑71% | $138,432↑18% | — |
| 2020 | $94,249↓45% | $65,186↓75% | $117,032↑33% | — |
| 2019 | $171,868↑14% | $256,787↑450% | $87,968↓49% | — |
| 2018 | $151,170↓44% | $46,661↓82% | $172,892↑87% | — |
| 2017 | $271,976↑201% | $254,689↑419% | $92,538↑81% | — |
| 2016 | $90,381↓29% | $49,027↓69% | $51,096↑424% | — |
| 2015 | $127,156↑182% | $158,802↑1801% | $9,742↓76% | — |
| 2014 | $45,111↓63% | $8,352↓94% | $41,387↑794% | — |
| 2013 | $123,481 | $150,470 | $4,627 | — |
Frequently Asked Questions
What does Magnify Ministries do?▼
Magnify Ministries 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 Magnify Ministries financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Magnify Ministries.
How much revenue does Magnify Ministries generate?▼
Magnify Ministries reports $181K in annual revenue and holds $109K in total assets, based on IRS filings.
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