X — Religion-RelatedEIN: 201788723· Ruling Year: 2023

Sole Ministries

Albuquerque, New Mexico

BHealth Score
57B

Financial Health Score

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

Above Average

💰
$205K
Total Revenue
📊
$131K
Total Expenses
🏦
$186K
Net Assets
📋
$378K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+48.8%
Year-over-year change (2021 → 2022)
Net Margin
+36.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.42
Net assets divided by total expenses
Liabilities-to-Assets
67.0%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2022$205,246↑49%$130,936↓2%$564,428↑13%
2021$137,891↑58%$134,144↑67%$499,822↑7%
2020$87,043↓17%$80,097↑7%$465,709↑347%
2019$104,573↑100%$74,779↑76%$104,120↑55%
2018$52,368↓29%$42,602↓46%$67,096↑17%
2017$73,989↓23%$79,438↑10%$57,330↓6%
2016$96,550↑3%$72,291↑1%$60,979↑66%
2015$93,914↑62%$71,668↓1%$36,720↑166%
2014$57,884↓17%$72,423↓3%$13,793↓52%
2013$70,004↑4%$74,793↑3%$28,731↓14%
2012$67,633$72,557$33,506

Frequently Asked Questions

What does Sole Ministries do?▼

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

Is Sole Ministries financially healthy?▼

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Sole Ministries.

How much revenue does Sole Ministries generate?▼

Sole Ministries reports $205K in annual revenue and holds $564K in total assets, based on IRS filings.

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