Equipping With Truth Ministries Inc
Statesville, North Carolina
B+Health Score
66B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$697K
Total Revenue
📊
$666K
Total Expenses
🏦
$1.3M
Net Assets
📋
$324
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-8.8%
Year-over-year change (2022 → 2023)
Net Margin
+4.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.93
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $697,195↓9% | $666,367↓1% | $1,284,406↑2% | — |
| 2022 | $764,155↑20% | $670,829↑54% | $1,253,602↑10% | — |
| 2021 | $639,087↑5% | $436,698↑15% | $1,136,362↑23% | — |
| 2020 | $608,903↑17% | $379,069↓9% | $922,958↑39% | — |
| 2019 | $521,028↑22% | $415,382↑17% | $663,163↑19% | — |
| 2018 | $425,363↑1% | $355,014↑45% | $557,517↑14% | — |
| 2017 | $420,703↑31% | $244,780↑2% | $487,168↑57% | — |
| 2016 | $321,530↑42% | $240,894↑23% | $311,245↑139% | — |
| 2014 | $226,586↑10% | $195,672↑44% | $130,327↑31% | — |
| 2013 | $206,111↑58% | $135,599↑4% | $99,413↑244% | — |
| 2012 | $130,208↑10% | $130,834↑35% | $28,901↓2% | — |
| 2011 | $118,864 | $97,252 | $29,472 | — |
Frequently Asked Questions
What does Equipping With Truth Ministries Inc do?▼
Equipping With Truth Ministries Inc is a religion-related nonprofit organization based in North Carolina. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Equipping With Truth Ministries Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Equipping With Truth Ministries Inc.
How much revenue does Equipping With Truth Ministries Inc generate?▼
Equipping With Truth Ministries Inc reports $757K in annual revenue and holds $1.4M in total assets, based on IRS filings.
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