Damon Thompson Ministries
Mobile, Alabama
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,941,975↓8% | $1,343,113↑19% | $4,965,358↑15% | |
| 2022 | $2,103,492↑38% | $1,127,259↑14% | $4,311,342↑28% | — |
| 2021 | $1,528,033↓39% | $986,730↓16% | $3,360,256↑20% | — |
| 2020 | $2,499,784↑91% | $1,172,343↑17% | $2,801,453↑87% | — |
| 2019 | $1,309,495↑6% | $1,006,088↑11% | $1,496,934↑25% | — |
| 2018 | $1,234,375↑3% | $909,313↓2% | $1,196,578↑37% | — |
| 2017 | $1,199,199↑40% | $928,298↑15% | $876,486↑52% | — |
| 2016 | $858,654↑20% | $809,923↑12% | $575,294↑9% | — |
| 2015 | $713,157↑11% | $721,532↑33% | $527,546↓2% | — |
| 2014 | $640,266↑32% | $543,765↓2% | $540,908↑20% | — |
| 2013 | $484,102 | $556,581 | $451,694 | — |
Frequently Asked Questions
What does Damon Thompson Ministries do?▼
Damon Thompson Ministries is a religion-related nonprofit organization based in Alabama. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Damon Thompson Ministries financially healthy?▼
Based on our 9-metric Financial Health Score model, Damon Thompson Ministries has a score of 77/100 (Grade: A-). 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 Damon Thompson Ministries generate?▼
Damon Thompson Ministries reports $2.1M in annual revenue and holds $5.6M in total assets, based on IRS filings.
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