P โ€” Human ServicesEIN: 841338604ยท Ruling Year: 1996

Sharing Ministries Inc

Montrose, Colorado

B+Health Score
74B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

๐Ÿ’ฐ
$2.1M
Total Revenue
๐Ÿ“Š
$2.2M
Total Expenses
๐Ÿฆ
$2.2M
Net Assets
๐Ÿ“‹
$14K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+269.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-2.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.01
Net assets divided by total expenses
Liabilities-to-Assets
0.6%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$2,145,039โ†‘270%$2,198,925โ†‘262%$2,244,137โ†“2%
2022$580,243โ†“12%$607,046โ†‘6%$2,300,228โ†“1%
2021$660,188โ†“33%$570,105โ†“6%$2,331,501โ†‘4%
2020$988,000โ†‘99%$608,733โ†‘6%$2,246,492โ†‘21%
2019$496,548โ†“14%$575,553โ†“8%$1,851,077โ†“4%
2018$579,823โ†“3%$623,256โ†‘21%$1,929,453โ†“2%
2017$595,789โ†“54%$516,647โ†‘22%$1,978,836โ†‘1%
2016$1,291,260โ†‘7%$423,381โ†“9%$1,958,584โ†‘78%
2015$1,210,699โ†‘280%$462,954โ†‘16%$1,103,064โ†‘213%
2014$318,673โ†“34%$398,535โ†‘8%$352,242โ†“8%
2013$484,720โ†‘53%$368,534โ†‘27%$381,051โ†‘46%
2012$316,046โ†‘99%$290,405โ†‘65%$260,678โ†‘21%
2011$159,077โ†“41%$175,623โ†“38%$215,744โ†“6%
2011$271,885$283,821$230,495

Frequently Asked Questions

What does Sharing Ministries Inc do?โ–ผ

Sharing Ministries Inc is a human services nonprofit organization based in Colorado. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Sharing Ministries Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Sharing Ministries Inc has a score of 74/100 (Grade: B+). 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 Sharing Ministries Inc generate?โ–ผ

Sharing Ministries Inc reports $2.7M in annual revenue and holds $2.2M in total assets, based on IRS filings.

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Sharing Ministries Inc โ€” Montrose, CO | GiveScope