Mount Carmel Ministries
Alexandria, Minnesota
BHealth Score
57B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$1.1M
Total Revenue
📊
$1.5M
Total Expenses
🏦
$6.6M
Net Assets
📋
$136K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-26.9%
Year-over-year change (2022 → 2023)
Net Margin
-31.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.48
Net assets divided by total expenses
Liabilities-to-Assets
2.0%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,119,096↓27% | $1,469,000↓2% | $6,722,849↓4% | |
| 2022 | $1,531,612↓6% | $1,491,752↑16% | $7,026,929↓1% | — |
| 2021 | $1,629,669↓24% | $1,290,263↑25% | $7,099,052↓1% | — |
| 2020 | $2,151,246↑79% | $1,033,888↓24% | $7,191,997↑14% | — |
| 2019 | $1,198,716↓39% | $1,358,800↑5% | $6,286,033↓1% | — |
| 2018 | $1,956,518↑36% | $1,296,084↑5% | $6,351,799↑12% | — |
| 2017 | $1,435,812↑4% | $1,231,150 | $5,653,439↓3% | — |
| 2016 | $1,379,755↓3% | $1,230,287↓11% | $5,850,293↓1% | — |
| 2015 | $1,417,037↑15% | $1,376,888↑12% | $5,886,245 | — |
| 2014 | $1,230,441↑20% | $1,225,001↓4% | $5,861,112↓3% | — |
| 2013 | $1,023,786↓21% | $1,272,140↓5% | $6,012,294↓5% | — |
| 2012 | $1,298,989↓16% | $1,343,809↓6% | $6,304,512↓2% | — |
| 2011 | $1,546,566 | $1,426,254 | $6,438,943 | — |
Frequently Asked Questions
What does Mount Carmel Ministries do?▼
Mount Carmel Ministries is a religion-related nonprofit organization based in Minnesota. It is classified under NTEE code X200 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Mount Carmel Ministries financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Mount Carmel Ministries.
How much revenue does Mount Carmel Ministries generate?▼
Mount Carmel Ministries reports $1.4M in annual revenue and holds $6.7M in total assets, based on IRS filings.
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