Ray Of Hope Inc
Cumberland, Maryland
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 22 peers in Unclassified with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $5,183,903↑15% | $4,575,587↑13% | $2,733,443↓20% | — |
| 2023 | $4,499,278↑12% | $4,041,787 | $3,419,150↑103% | — |
| 2022 | $4,031,289↓19% | $4,060,602↓1% | $1,687,912↓10% | — |
| 2021 | $4,959,610↑22% | $4,086,199↓7% | $1,885,002↑16% | — |
| 2020 | $4,061,445↓2% | $4,388,369↑3% | $1,625,186↑38% | — |
| 2019 | $4,149,840↑5% | $4,245,086↑2% | $1,175,278↓2% | — |
| 2018 | $3,937,788↓3% | $4,148,324↓2% | $1,198,226↓21% | — |
| 2017 | $4,053,090↓7% | $4,219,435↓4% | $1,512,212↓11% | — |
| 2016 | $4,339,847↓1% | $4,381,683↑1% | $1,701,607↓8% | — |
| 2015 | $4,398,659↑1% | $4,333,148↑10% | $1,855,879↓1% | — |
| 2014 | $4,339,131↑3% | $3,952,044↓3% | $1,873,908↑19% | — |
| 2013 | $4,213,069↑1% | $4,094,262↑2% | $1,573,448↑10% | — |
| 2012 | $4,183,412↑12% | $4,031,996↑11% | $1,436,782↓38% | — |
| 2011 | $3,719,044 | $3,633,110 | $2,322,759 | — |
Frequently Asked Questions
What does Ray Of Hope Inc do?▼
Ray Of Hope Inc is a unclassified nonprofit organization based in Maryland. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Ray Of Hope Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Ray Of Hope Inc has a score of 74/100 (Grade: B+). 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 Ray Of Hope Inc generate?▼
Ray Of Hope Inc reports $5.4M in annual revenue and holds $3.4M in total assets, based on IRS filings.
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