Read Ministries Inc
Saint Cloud, Minnesota
BHealth Score
56B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$502K
Total Revenue
📊
$551K
Total Expenses
🏦
$403K
Net Assets
📋
$3K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-42.6%
Year-over-year change (2022 → 2023)
Net Margin
-9.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.73
Net assets divided by total expenses
Liabilities-to-Assets
0.9%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $502,324↓43% | $550,970↓23% | $406,534↓11% | — |
| 2022 | $874,610↑92% | $714,392↑96% | $457,365↑54% | — |
| 2021 | $456,241↑29% | $364,019↑3% | $297,487↑46% | — |
| 2020 | $353,504↑13% | $352,961↑5% | $203,621↑1% | — |
| 2019 | $312,766↓19% | $336,602↑3% | $201,672↓11% | — |
| 2018 | $386,647↑50% | $325,682↑19% | $226,051↑46% | — |
| 2017 | $257,607↓18% | $274,750↓10% | $154,356↓10% | — |
| 2016 | $312,438↓13% | $306,880↑1% | $171,252↓8% | — |
| 2015 | $360,262↑44% | $303,246↑15% | $185,670↑42% | — |
| 2014 | $249,549↓18% | $263,779↓6% | $130,589 | — |
| 2013 | $305,928↑2% | $279,793↓5% | $130,986↑26% | — |
| 2012 | $298,588↓2% | $294,881↓11% | $104,369↑4% | — |
| 2011 | $305,601 | $330,991 | $100,772 | — |
Frequently Asked Questions
What does Read Ministries Inc do?▼
Read Ministries Inc is a religion-related nonprofit organization based in Minnesota. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Read Ministries Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Read Ministries Inc.
How much revenue does Read Ministries Inc generate?▼
Read Ministries Inc reports $666K in annual revenue and holds $497K in total assets, based on IRS filings.
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