Royal Ministries Inc
Jackson, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,158,511↓10% | $2,087,149↑10% | $2,524,884↑5% | |
| 2022 | $2,407,722↑25% | $1,902,033↑18% | $2,403,628↑16% | — |
| 2021 | $1,929,881↑13% | $1,611,901↓1% | $2,075,633↑21% | — |
| 2020 | $1,702,212↓2% | $1,631,338↓11% | $1,722,248↑15% | — |
| 2019 | $1,730,847↑1% | $1,824,809↑12% | $1,503,922↓4% | — |
| 2018 | $1,717,178↓16% | $1,632,986↑5% | $1,562,034↑8% | — |
| 2017 | $2,051,712↓19% | $1,559,949↓38% | $1,443,335↑26% | — |
| 2016 | $2,517,650↑21% | $2,513,936↑11% | $1,149,439↑8% | — |
| 2015 | $2,073,092↑4% | $2,266,517↑5% | $1,065,523↓61% | — |
| 2014 | $2,000,633↓5% | $2,165,099 | $2,747,585↑1% | — |
| 2013 | $2,099,114↑7% | $2,158,659↑1% | $2,725,149↓3% | — |
| 2012 | $1,964,187 | $2,138,192 | $2,801,484 | — |
Frequently Asked Questions
What does Royal Ministries Inc do?▼
Royal Ministries Inc is a education nonprofit organization based in Michigan. It is classified under NTEE code B20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Royal Ministries Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Royal Ministries Inc has a score of 86/100 (Grade: A). 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 Royal Ministries Inc generate?▼
Royal Ministries Inc reports $2.2M in annual revenue and holds $2.5M in total assets, based on IRS filings.