K โ€” Food, Agriculture & NutritionEIN: 550881163ยท Ruling Year: 2007

Open Hearts Ministries Inc

Haverhill, Massachusetts

B+Health Score
65B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$113K
Total Revenue
๐Ÿ“Š
$111K
Total Expenses
๐Ÿฆ
$41K
Net Assets
๐Ÿ“‹
$698
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.4%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+1.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.37
Net assets divided by total expenses
Liabilities-to-Assets
1.7%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$113,200โ†‘3%$111,154โ†‘10%$41,844โ†‘4%
2022$109,439โ†‘21%$101,108โ†‘21%$40,385โ†‘28%
2021$90,222โ†‘48%$83,625โ†‘42%$31,671โ†‘28%
2020$61,073โ†‘45%$58,948โ†‘49%$24,652โ†‘19%
2018$42,237โ†“2%$39,621โ†“4%$20,786โ†‘33%
2017$43,137โ†“17%$41,237โ†“8%$15,678โ†‘22%
2016$52,168โ†“10%$44,759โ†“35%$12,898โ†‘219%
2015$57,976โ†“23%$68,945โ†‘4%$4,047โ†“78%
2014$74,996$66,289โ†“8%$18,512โ†‘122%
2013$75,231$72,343$8,347

Frequently Asked Questions

What does Open Hearts Ministries Inc do?โ–ผ

Open Hearts Ministries Inc is a food, agriculture & nutrition nonprofit organization based in Massachusetts. It is classified under NTEE code K30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Open Hearts Ministries Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Open Hearts Ministries Inc.

How much revenue does Open Hearts Ministries Inc generate?โ–ผ

Open Hearts Ministries Inc reports $47K in annual revenue and holds $21K in total assets, based on IRS filings.

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Open Hearts Ministries Inc โ€” Haverhill, MA | GiveScope