Life Ministry Inc
Rockland, Maine
BHealth Score
55B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$112K
Total Revenue
📊
$118K
Total Expenses
🏦
$61K
Net Assets
📋
$14K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+24.8%
Year-over-year change (2022 → 2023)
Net Margin
-6.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.51
Net assets divided by total expenses
Liabilities-to-Assets
18.6%
Total liabilities as % of total assets
Filing History
7 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $111,668↑25% | $118,396↑23% | $74,799↓10% | |
| 2022 | $89,443↑21% | $96,392↑46% | $82,669↓9% | — |
| 2021 | $73,688↑11% | $65,858↑36% | $90,828↑8% | — |
| 2020 | $66,111↑20% | $48,277↓2% | $84,305↑6% | — |
| 2017 | $54,869↓52% | $49,134↓39% | $79,749↑6% | — |
| 2016 | $114,745↑71% | $80,432↑66% | $75,074↑300% | — |
| 2015 | $67,238 | $48,477 | $18,761 | — |
Frequently Asked Questions
What does Life Ministry Inc do?▼
Life Ministry Inc is a religion-related nonprofit organization based in Maine. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Life Ministry Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Life Ministry Inc.
How much revenue does Life Ministry Inc generate?▼
Life Ministry Inc reports $78K in annual revenue and holds $65K in total assets, based on IRS filings.
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