X โ€” Religion-RelatedEIN: 844778838ยท Ruling Year: 2022

Ark Of Grace Ministries

Hopewell Jct, New York

BHealth Score
60B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$1.8M
Total Revenue
๐Ÿ“Š
$2.4M
Total Expenses
๐Ÿฆ
$1.8M
Net Assets
๐Ÿ“‹
$64K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-30.2%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-31.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.77
Net assets divided by total expenses
Liabilities-to-Assets
3.4%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$1,790,243โ†“30%$2,352,477โ†‘11%$1,874,259โ†“23%
2022$2,565,445โ†‘12%$2,115,646โ†‘177%$2,434,751โ†‘27%
2021$2,298,179$764,643$1,922,812

Frequently Asked Questions

What does Ark Of Grace Ministries do?โ–ผ

Ark Of Grace Ministries is a religion-related nonprofit organization based in New York. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ark Of Grace Ministries financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Ark Of Grace Ministries has a score of 60/100 (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 Ark Of Grace Ministries generate?โ–ผ

Ark Of Grace Ministries reports $2.2M in annual revenue and holds $1.9M in total assets, based on IRS filings.

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Ark Of Grace Ministries โ€” Hopewell Jct, NY | GiveScope