Bags Of Hope
Cornelius, North Carolina
BHealth Score
63B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$541K
Total Revenue
📊
$587K
Total Expenses
🏦
$452K
Net Assets
📋
$22K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+13.4%
Year-over-year change (2022 → 2023)
Net Margin
-8.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.77
Net assets divided by total expenses
Liabilities-to-Assets
4.6%
Total liabilities as % of total assets
Filing History
6 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $541,481↑13% | $587,104↑43% | $473,760↓19% | — |
| 2022 | $477,440↑10% | $410,709↑46% | $586,711↑25% | — |
| 2021 | $435,897↓6% | $281,365↓14% | $468,770↑52% | — |
| 2020 | $464,290↑61% | $326,017↑51% | $307,938↑85% | — |
| 2019 | $287,536↑86% | $215,547↑105% | $166,006↑83% | — |
| 2018 | $154,696 | $105,231 | $90,619 | — |
Frequently Asked Questions
What does Bags Of Hope do?▼
Bags Of Hope is a food, agriculture & nutrition nonprofit organization based in North Carolina. It is classified under NTEE code K30 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Bags Of Hope financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Bags Of Hope.
How much revenue does Bags Of Hope generate?▼
Bags Of Hope reports $252K in annual revenue and holds $353K in total assets, based on IRS filings.
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