Good Life Ministries
Catlett, Virginia
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
9 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,626,898↑14% | $1,479,025↑13% | $1,718,341↑9% | — |
| 2022 | $1,422,223↑2% | $1,314,312↑36% | $1,576,436↑8% | — |
| 2021 | $1,391,481↓4% | $965,036↓19% | $1,465,368↑36% | — |
| 2020 | $1,453,673↑53% | $1,188,273↑47% | $1,076,410↑40% | — |
| 2019 | $949,682↓1% | $805,612↑24% | $770,291↑23% | — |
| 2018 | $958,078↑40% | $647,493↑46% | $624,146↑99% | — |
| 2017 | $686,345↓18% | $443,383↓42% | $314,343↑348% | — |
| 2016 | $833,636 | $765,211 | $70,142↑7014100% | — |
| 2015 | $0 | $0 | $1 | — |
Frequently Asked Questions
What does Good Life Ministries do?▼
Good Life Ministries is a religion-related nonprofit organization based in Virginia. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Good Life Ministries financially healthy?▼
Based on our 9-metric Financial Health Score model, Good Life Ministries has a score of 82/100 (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 Good Life Ministries generate?▼
Good Life Ministries reports $2.2M in annual revenue and holds $1.4M in total assets, based on IRS filings.
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