Hope Inspired Ministries Inc
Montgomery, Alabama
B+Health Score
74B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$1.9M
Total Revenue
📊
$1.7M
Total Expenses
🏦
$688K
Net Assets
📋
$320K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+48.2%
Year-over-year change (2022 → 2023)
Net Margin
+10.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.41
Net assets divided by total expenses
Liabilities-to-Assets
31.7%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,885,945↑48% | $1,686,916↑40% | $1,008,338↑24% | — |
| 2022 | $1,272,392↑7% | $1,205,314↑18% | $816,388↑27% | — |
| 2021 | $1,193,913↑29% | $1,023,231↑16% | $642,174↑32% | — |
| 2020 | $924,855↑88% | $878,735↑81% | $486,694↑26% | — |
| 2019 | $492,811↓3% | $485,504↓21% | $387,648↑74% | — |
| 2018 | $506,039↓22% | $612,322↑18% | $222,890↓32% | — |
| 2017 | $649,592↑50% | $520,753↑40% | $326,647↑53% | — |
| 2016 | $431,873↑50% | $371,215↑56% | $213,024↑57% | — |
| 2015 | $288,154↑15% | $237,276↑25% | $135,577↑94% | — |
| 2014 | $250,343↑90% | $190,528↑43% | $69,878↑161% | — |
| 2013 | $131,970↑41% | $133,699↑59% | $26,774↑6% | — |
| 2012 | $93,627 | $83,958 | $25,228 | — |
Frequently Asked Questions
What does Hope Inspired Ministries Inc do?▼
Hope Inspired Ministries Inc is a employment nonprofit organization based in Alabama. It is classified under NTEE code J20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Hope Inspired Ministries Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Hope Inspired Ministries Inc.
How much revenue does Hope Inspired Ministries Inc generate?▼
Hope Inspired Ministries Inc reports $2.2M in annual revenue and holds $1.3M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Employment category, or browse all nonprofits in Alabama.