X โ€” Religion-RelatedEIN: 311773563ยท Ruling Year: 2001

Higher Life Ministries Inc

Gastonia, North Carolina

CHealth Score
43C

Financial Health Score

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

Below Average

๐Ÿ’ฐ
$105K
Total Revenue
๐Ÿ“Š
$121K
Total Expenses
๐Ÿฆ
$12K
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+21.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-14.3%
Revenue minus expenses as % of revenue

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$105,485โ†‘22%$120,587โ†‘27%$11,739โ†“56%
2022$86,756โ†“23%$95,061โ†“4%$26,841โ†“24%
2021$113,035โ†‘16%$98,758โ†‘5%$35,146โ†‘68%
2020$97,831โ†“14%$93,777โ†“19%$20,870โ†‘24%
2019$113,815โ†‘28%$115,453โ†‘42%$16,816โ†“9%
2018$89,173โ†“12%$81,292โ†“19%$18,454โ†‘75%
2017$101,451โ†‘51%$99,863โ†‘43%$10,573โ†‘18%
2016$67,130โ†“28%$69,861โ†“16%$8,985โ†“23%
2015$92,821โ†‘108%$83,479โ†‘60%$11,716โ†‘395%
2014$44,725โ†“47%$52,073โ†“34%$2,369โ†“76%
2013$84,111โ†‘43%$78,575โ†‘30%$9,718โ†‘132%
2012$58,940โ†“4%$60,433โ†“2%$4,182โ†“26%
2011$61,404$61,829$5,657

Frequently Asked Questions

What does Higher Life Ministries Inc do?โ–ผ

Higher Life Ministries Inc is a religion-related nonprofit organization based in North Carolina. It is classified under NTEE code X122 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Higher Life Ministries Inc financially healthy?โ–ผ

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

How much revenue does Higher Life Ministries Inc generate?โ–ผ

Higher Life Ministries Inc reports $121K in annual revenue and holds $15K in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Religion-Related category, or browse all nonprofits in North Carolina.

Higher Life Ministries Inc โ€” Gastonia, NC | GiveScope