Light Of Life Ministries Inc
Augusta, Maine
CHealth Score
42C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
💰
$1.1M
Total Revenue
📊
$1.3M
Total Expenses
🏦
$821K
Net Assets
📋
$1.8M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-0.9%
Year-over-year change (2022 → 2023)
Net Margin
-14.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.63
Net assets divided by total expenses
Liabilities-to-Assets
68.8%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,141,196↓1% | $1,304,228↑5% | $2,634,427↓1% | — |
| 2022 | $1,151,596↑3% | $1,244,585↑17% | $2,671,599↑19% | — |
| 2021 | $1,119,059↑2% | $1,060,326↓1% | $2,239,527↑34% | — |
| 2020 | $1,092,147↓2% | $1,066,764↓8% | $1,673,612↑2% | — |
| 2019 | $1,119,546↓5% | $1,157,990↑5% | $1,644,192↓2% | — |
| 2018 | $1,175,531↑17% | $1,106,139↑7% | $1,681,885↑4% | — |
| 2017 | $1,003,544↓26% | $1,032,825↓14% | $1,621,176↓3% | — |
| 2016 | $1,359,846↑23% | $1,197,006↑5% | $1,665,165↑4% | — |
| 2015 | $1,102,259↑16% | $1,135,810↑4% | $1,602,253↑3% | — |
| 2014 | $954,047↑45% | $1,087,614↑35% | $1,559,275↓6% | — |
| 2013 | $658,748↓39% | $804,707↓17% | $1,656,456↓8% | — |
| 2012 | $1,081,645↑14% | $972,171↓3% | $1,794,743↑7% | — |
| 2011 | $946,936 | $998,020 | $1,685,149 | — |
Frequently Asked Questions
What does Light Of Life Ministries Inc do?▼
Light Of Life Ministries Inc is a unclassified nonprofit organization based in Maine. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Light Of Life Ministries Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Light Of Life Ministries Inc.
How much revenue does Light Of Life Ministries Inc generate?▼
Light Of Life Ministries Inc reports $819K in annual revenue and holds $2.6M in total assets, based on IRS filings.
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