Soul Purpose Ministries
Fergus Falls, Minnesota
B+Health Score
73B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$175K
Total Revenue
📊
$119K
Total Expenses
🏦
$166K
Net Assets
📋
$62K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+59.3%
Year-over-year change (2022 → 2023)
Net Margin
+32.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.40
Net assets divided by total expenses
Liabilities-to-Assets
27.1%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $174,933↑59% | $118,674↑11% | $227,234↑2263% | |
| 2022 | $109,784↑171% | $107,248↑212% | $9,618↓13% | — |
| 2021 | $40,536 | $34,383↑51218% | $11,079↑1107800% | — |
| 2020 | $0↓100% | $67↓99% | $1↓99% | — |
| 2019 | $150↓97% | $5,330↓23% | $67↓99% | — |
| 2018 | $5,400↓35% | $6,880↓17% | $5,247↓22% | — |
| 2017 | $8,347↑11% | $8,310↓23% | $6,727↑1% | — |
| 2016 | $7,530↓7% | $10,780↑39% | $6,690↓33% | — |
| 2015 | $8,065↑16% | $7,768↑44% | $9,940↑3% | — |
| 2014 | $6,965↓4% | $5,400↓10% | $9,643↑19% | — |
| 2013 | $7,220↑21% | $6,026↓12% | $8,078↑17% | — |
| 2012 | $5,990↓6% | $6,812↑18% | $6,884↓11% | — |
| 2011 | $6,350 | $5,773 | $7,706 | — |
Frequently Asked Questions
What does Soul Purpose Ministries do?▼
Soul Purpose Ministries is a religion-related nonprofit organization based in Minnesota. It is classified under NTEE code X21 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Soul Purpose Ministries financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Soul Purpose Ministries.
How much revenue does Soul Purpose Ministries generate?▼
Soul Purpose Ministries reports $181K in annual revenue and holds $267K in total assets, based on IRS filings.
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