Renewal Ministries Inc
Ann Arbor, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,626,956↓17% | $2,780,009 | $3,277,380↓9% | — |
| 2022 | $3,173,962↑22% | $2,785,205↑26% | $3,597,973↑23% | — |
| 2021 | $2,600,758↑21% | $2,202,221↑12% | $2,934,840↑6% | — |
| 2020 | $2,152,464↑3% | $1,973,286↓11% | $2,758,674↑22% | — |
| 2019 | $2,083,791↓33% | $2,225,098↑14% | $2,253,627↓4% | — |
| 2018 | $3,123,822↑64% | $1,958,556↑4% | $2,356,964↑94% | — |
| 2017 | $1,904,085↓10% | $1,891,063↑9% | $1,217,690↑2% | — |
| 2016 | $2,117,003↑13% | $1,737,697↓9% | $1,196,740↑63% | — |
| 2015 | $1,872,664↑8% | $1,901,267↑14% | $732,046↓1% | — |
| 2014 | $1,730,091↑4% | $1,674,100↑15% | $737,884↓4% | — |
| 2013 | $1,662,306↑30% | $1,453,064↑6% | $768,611↑65% | — |
| 2012 | $1,278,747↑4% | $1,368,462↑9% | $465,671↓13% | — |
| 2011 | $1,227,185↓6% | $1,256,826↓3% | $537,366↓5% | — |
| 2010 | $1,303,949 | $1,289,967 | $564,441 | — |
Frequently Asked Questions
What does Renewal Ministries Inc do?▼
Renewal Ministries Inc is a religion-related nonprofit organization based in Michigan. It is classified under NTEE code X20Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Renewal Ministries Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Renewal Ministries Inc has a score of 75/100 (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 Renewal Ministries Inc generate?▼
Renewal Ministries Inc reports $2.6M in annual revenue and holds $3.0M in total assets, based on IRS filings.
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