XReligion-RelatedEIN: 450967206· Ruling Year: 2012

Praxis Inc

New York, New York

A-Health Score
77A-

Financial Health Score

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

Very Good

💰
$6.9M
Total Revenue
📊
$6.5M
Total Expenses
🏦
$3.6M
Net Assets
📋
$974K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+23.2%
Year-over-year change (2022 → 2023)
Net Margin
+6.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.55
Net assets divided by total expenses
Liabilities-to-Assets
21.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,898,04923%$6,469,11021%$4,549,15127%
2022$5,600,43934%$5,326,52673%$3,579,26817%
2021$4,191,4719%$3,079,1772%$3,068,32840%
2020$3,839,9057%$3,147,83512%$2,196,61860%
2019$4,112,11830%$3,582,16526%$1,375,04576%
2018$3,169,85625%$2,852,09816%$783,34377%
2017$2,545,15542%$2,451,14244%$443,22173%
2016$1,792,22870%$1,707,57336%$256,60311%
2015$1,054,24316%$1,254,87944%$288,77928%
2014$907,83653%$869,15048%$398,40722%
2013$594,86911%$585,60421%$326,7393%
2012$536,52646%$484,621347%$315,97620%
2011$367,348$108,425$262,931

Frequently Asked Questions

What does Praxis Inc do?

Praxis Inc is a religion-related nonprofit organization based in New York. It is classified under NTEE code X022 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Praxis Inc financially healthy?

Based on our 9-metric Financial Health Score model, Praxis Inc has a score of 77/100 (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 Praxis Inc generate?

Praxis Inc reports $8.5M in annual revenue and holds $5.4M in total assets, based on IRS filings.

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