X โ€” Religion-RelatedEIN: 461469685ยท Ruling Year: 2014

Redeeming Life Outreach Ministries Inc

Sanford, Florida

A-Health Score
77A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$965K
Total Revenue
๐Ÿ“Š
$601K
Total Expenses
๐Ÿฆ
$1.6M
Net Assets
๐Ÿ“‹
$344K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+37.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.64
Net assets divided by total expenses
Liabilities-to-Assets
17.8%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$964,729โ†‘10%$600,913โ†‘60%$1,933,346โ†‘23%
2022$880,559โ†‘47%$374,752โ†“19%$1,575,766โ†‘57%
2021$599,337โ†‘126%$461,236โ†‘77%$1,003,767โ†‘43%
2020$264,881โ†“12%$260,692โ†“1%$702,948โ†‘13%
2019$301,341$262,995โ†‘16%$623,594โ†‘54%
2018$301,926โ†“21%$226,459โ†‘28%$403,665โ†“21%
2017$383,848โ†“3%$176,896โ†“56%$514,002โ†‘53%
2016$396,250โ†‘206%$400,437โ†‘173%$336,200โ†‘214%
2015$129,303โ†“40%$146,527โ†‘15%$107,069โ†‘8%
2014$216,267โ†‘265%$127,768โ†‘164%$99,324โ†‘826%
2013$59,200$48,475$10,725

Frequently Asked Questions

What does Redeeming Life Outreach Ministries Inc do?โ–ผ

Redeeming Life Outreach Ministries Inc is a religion-related nonprofit organization based in Florida. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Redeeming Life Outreach Ministries Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Redeeming Life Outreach Ministries Inc.

How much revenue does Redeeming Life Outreach Ministries Inc generate?โ–ผ

Redeeming Life Outreach Ministries Inc reports $605K in annual revenue and holds $1.8M in total assets, based on IRS filings.

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Redeeming Life Outreach Ministries Inc โ€” Sanford, FL | GiveScope