New Hope Ministries Inc
Abingdon, Maryland
BHealth Score
62B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$229K
Total Revenue
📊
$216K
Total Expenses
🏦
$285K
Net Assets
📋
$416K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+26.8%
Year-over-year change (2022 → 2023)
Net Margin
+5.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.32
Net assets divided by total expenses
Liabilities-to-Assets
59.4%
Total liabilities as % of total assets
Filing History
8 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $228,698↑27% | $215,969↓2% | $700,651 | |
| 2022 | $180,383↑28% | $219,457↑137% | $701,943↑108% | — |
| 2021 | $140,981↑7% | $92,742↑9% | $336,720↑16% | — |
| 2020 | $131,683↓18% | $84,993↓21% | $290,842↑39% | — |
| 2019 | $160,432↑20% | $107,610↓4% | $209,194↑43% | — |
| 2018 | $134,217↓2% | $111,691↑14% | $146,337↑10% | — |
| 2017 | $136,558↑99% | $97,912↑223% | $132,932↑255% | — |
| 2015 | $68,651 | $30,291 | $37,421 | — |
Frequently Asked Questions
What does New Hope Ministries Inc do?▼
New Hope Ministries Inc is a religion-related nonprofit organization based in Maryland. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Hope Ministries Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for New Hope Ministries Inc.
How much revenue does New Hope Ministries Inc generate?▼
New Hope Ministries Inc reports $243K in annual revenue and holds $702K in total assets, based on IRS filings.
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