Hope Inspired Ministries Inc
Montgomery, Alabama
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
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?▼
Based on our 9-metric Financial Health Score model, Hope Inspired Ministries Inc has a score of 76/100 (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 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.
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