XReligion-RelatedEIN: 272677877· Ruling Year: 2020

Kingdom Praise Ministries Inc

Hillside, New Jersey

CHealth Score
41C

Financial Health Score

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

Below Average

💰
$309K
Total Revenue
📊
$306K
Total Expenses
🏦
$305K
Net Assets
📋
$405K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.0%
Year-over-year change (2022 → 2023)
Net Margin
+1.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.00
Net assets divided by total expenses
Liabilities-to-Assets
57.0%
Total liabilities as % of total assets

Filing History

6 filings on record
YearRevenueExpensesAssets
2023$309,1254%$306,16433%$710,3281%
2022$297,1387%$230,94431%$706,163
2021$320,39129%$176,8008%$707,673103%
2020$248,0671%$164,13246%$348,71697%
2019$250,61913%$303,59790%$177,3125%
2018$222,461$159,634$169,400

Frequently Asked Questions

What does Kingdom Praise Ministries Inc do?

Kingdom Praise Ministries Inc is a religion-related nonprofit organization based in New Jersey. It is classified under NTEE code X19 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Kingdom Praise Ministries Inc financially healthy?

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

How much revenue does Kingdom Praise Ministries Inc generate?

Kingdom Praise Ministries Inc reports $309K in annual revenue and holds $710K in total assets, based on IRS filings.

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