XReligion-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$2,559,71347%$2,517,35848%$1,592,1984%
2022$4,860,60313%$4,829,21612%$1,665,7982%
2021$5,569,45448%$5,493,74545%$1,633,7933%
2020$3,762,46148%$3,784,86348%$1,689,5314%
2019$7,229,0518%$7,215,0666%$1,757,5282%
2018$6,722,99627%$6,802,17325%$1,797,7966%
2017$9,190,1715%$9,128,0255%$1,914,7821%
2016$8,743,29483%$8,728,15783%$1,933,7151%
2015$4,789,03922%$4,775,49622%$1,918,4291%
2014$6,135,15941%$6,089,71441%$1,903,9735%
2013$10,405,7078%$10,325,6558%$1,820,7202%
2012$9,652,965148%$9,567,789151%$1,779,5774%
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 $3.2M 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.