XReligion-RelatedEIN: 341965221· Ruling Year: 2002

Refuge Of Hope Ministries

Canton, Ohio

A-Health Score
83A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

💰
$3.4M
Total Revenue
📊
$2.9M
Total Expenses
🏦
$9.9M
Net Assets
📋
$34K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.0%
Year-over-year change (2022 → 2023)
Net Margin
+14.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.48
Net assets divided by total expenses
Liabilities-to-Assets
0.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,357,3156%$2,861,37623%$9,982,8496%
2022$3,167,4541%$2,334,52016%$9,424,59410%
2021$3,214,94822%$2,017,7067%$8,587,36616%
2020$2,634,332111%$1,894,4922%$7,384,7686%
2019$1,246,56953%$1,850,9229%$6,988,4479%
2018$2,629,83556%$1,704,6159%$7,665,09721%
2017$6,005,984236%$1,561,5243%$6,331,088233%
2016$1,786,29520%$1,613,82222%$1,899,04711%
2015$1,484,3682%$1,318,1737%$1,709,06511%
2014$1,515,394134%$1,235,376145%$1,543,5486%
2013$648,8917%$503,6006%$1,449,64410%
2012$604,19811%$473,5422%$1,316,5098%
2011$542,525$463,567$1,219,857

Frequently Asked Questions

What does Refuge Of Hope Ministries do?

Refuge Of Hope Ministries is a religion-related nonprofit organization based in Ohio. It is classified under NTEE code X90 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Refuge Of Hope Ministries financially healthy?

Based on our 9-metric Financial Health Score model, Refuge Of Hope Ministries has a score of 83/100 (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 Refuge Of Hope Ministries generate?

Refuge Of Hope Ministries reports $3.9M in annual revenue and holds $10.4M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Religion-Related category, or browse all nonprofits in Ohio.