X — Religion-RelatedEIN: 364535399· Ruling Year: 2005

Provident Ministries Ltd

South Bend, Indiana

B-Health Score
51B-

Financial Health Score

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

Average

💰
$2.6M
Total Revenue
📊
$2.5M
Total Expenses
🏦
$359K
Net Assets
📋
$1.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-47.3%
Year-over-year change (2022 → 2023)
Net Margin
+1.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.14
Net assets divided by total expenses
Liabilities-to-Assets
77.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,559,713↓47%$2,517,358↓48%$1,592,198↓4%
2022$4,860,603↓13%$4,829,216↓12%$1,665,798↑2%
2021$5,569,454↑48%$5,493,745↑45%$1,633,793↓3%
2020$3,762,461↓48%$3,784,863↓48%$1,689,531↓4%
2019$7,229,051↑8%$7,215,066↑6%$1,757,528↓2%
2018$6,722,996↓27%$6,802,173↓25%$1,797,796↓6%
2017$9,190,171↑5%$9,128,025↑5%$1,914,782↓1%
2016$8,743,294↑83%$8,728,157↑83%$1,933,715↑1%
2015$4,789,039↓22%$4,775,496↓22%$1,918,429↑1%
2014$6,135,159↓41%$6,089,714↓41%$1,903,973↑5%
2013$10,405,707↑8%$10,325,655↑8%$1,820,720↑2%
2012$9,652,965↑148%$9,567,789↑151%$1,779,577↑4%
2011$3,889,995$3,807,973$1,709,454

Frequently Asked Questions

What does Provident Ministries Ltd do?▼

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

Is Provident Ministries Ltd financially healthy?▼

Based on our 9-metric Financial Health Score model, Provident Ministries Ltd has a score of 51/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Provident Ministries Ltd generate?▼

Provident Ministries Ltd reports $2.8M in annual revenue and holds $1.5M in total assets, based on IRS filings.

Similar Organizations

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