Psalms Inc
Memphis, Tennessee
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Critical
How This Organization Compares
Compared to 15 peers in Human Services with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2022 | $26,304,402↓5% | $30,249,437↑1% | $74,159,973↓1% | |
| 2021 | $27,771,852↓18% | $29,937,046↓3% | $74,570,809↓4% | — |
| 2020 | $33,983,532↑13% | $30,711,013↓2% | $77,389,222↑2% | — |
| 2019 | $30,140,651↑3% | $31,203,297↑5% | $76,123,700 | — |
| 2018 | $29,273,846↓3% | $29,723,661↑3% | $75,783,998 | — |
| 2017 | $30,091,146↑5% | $28,960,689↑3% | $75,614,690↑1% | — |
| 2016 | $28,621,719↓1% | $28,188,466 | $74,928,076↑2% | — |
| 2015 | $28,905,473↑3% | $28,112,769↑2% | $73,809,338↓1% | — |
| 2014 | $27,946,230↑3% | $27,605,156↑3% | $74,181,743 | — |
| 2013 | $27,139,775↑2% | $26,874,043↑1% | $73,910,943↑3% | — |
| 2012 | $26,649,534↑7% | $26,513,550↑3% | $71,986,158↓1% | — |
| 2011 | $24,944,858 | $25,857,871 | $72,603,022 | — |
Frequently Asked Questions
What does Psalms Inc do?▼
Psalms Inc is a human services nonprofit organization based in Tennessee. It is classified under NTEE code P750 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Psalms Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Psalms Inc has a score of 23/100 (Grade: F). 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 Psalms Inc generate?▼
Psalms Inc reports $26.0M in annual revenue and holds $71.8M in total assets, based on IRS filings.
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