Higher Praise And Worship Center Inc
South Miami, Florida
CHealth Score
44C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
💰
$138K
Total Revenue
📊
$151K
Total Expenses
🏦
$377K
Net Assets
📋
$41K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+63.3%
Year-over-year change (2021 → 2022)
Net Margin
-9.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.50
Net assets divided by total expenses
Liabilities-to-Assets
9.7%
Total liabilities as % of total assets
Filing History
7 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2022 | $138,211↑63% | $150,856↑30% | $417,888↓4% | — |
| 2021 | $84,655↓37% | $116,117↓16% | $435,335↑5% | — |
| 2020 | $135,146↓9% | $138,739↑5% | $414,922↑6% | — |
| 2019 | $148,719↑49% | $132,171↑8% | $390,727↑43% | — |
| 2018 | $99,500↑11% | $122,871↑46% | $273,789↓11% | — |
| 2017 | $90,040↓15% | $84,113↓9% | $306,303↑1% | — |
| 2016 | $106,190 | $92,295 | $302,528 | — |
Frequently Asked Questions
What does Higher Praise And Worship Center Inc do?▼
Higher Praise And Worship Center Inc is a religion-related nonprofit organization based in Florida. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Higher Praise And Worship Center Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Higher Praise And Worship Center Inc.
How much revenue does Higher Praise And Worship Center Inc generate?▼
Higher Praise And Worship Center Inc reports $138K in annual revenue and holds $418K in total assets, based on IRS filings.
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