Praise Him Ministries Inc
Ridgway, Colorado
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,080,041↑21% | $3,142,570↑93% | $7,677,202↓1% | — |
| 2022 | $2,537,322↑68% | $1,631,008↑2% | $7,754,715↑14% | — |
| 2021 | $1,514,302↓23% | $1,598,691↓22% | $6,798,074 | — |
| 2020 | $1,973,134↓37% | $2,061,535↓7% | $6,774,308↓3% | — |
| 2019 | $3,108,043↑21% | $2,228,667↓4% | $6,999,759↑78% | — |
| 2015 | $2,571,761↑7% | $2,315,736↑5% | $3,930,309↑5% | — |
| 2014 | $2,403,778↑122% | $2,200,851↑2% | $3,744,883↑9% | — |
| 2013 | $1,084,400↓59% | $2,154,473↓9% | $3,427,812↓24% | — |
| 2012 | $2,620,976↑4% | $2,355,247↑3% | $4,522,077↑4% | — |
| 2011 | $2,511,103 | $2,295,662 | $4,344,626 | — |
Frequently Asked Questions
What does Praise Him Ministries Inc do?▼
Praise Him Ministries Inc is a religion-related nonprofit organization based in Colorado. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Praise Him Ministries Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Praise Him Ministries Inc has a score of 69/100 (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 Praise Him Ministries Inc generate?▼
Revenue data for Praise Him Ministries Inc is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.
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