Redeeming Life Outreach Ministries Inc
Sanford, Florida
A-Health Score
77A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
๐ฐ
$965K
Total Revenue
๐
$601K
Total Expenses
๐ฆ
$1.6M
Net Assets
๐
$344K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+9.6%
Year-over-year change (2022 โ 2023)
Net Margin
+37.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.64
Net assets divided by total expenses
Liabilities-to-Assets
17.8%
Total liabilities as % of total assets
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $964,729โ10% | $600,913โ60% | $1,933,346โ23% | โ |
| 2022 | $880,559โ47% | $374,752โ19% | $1,575,766โ57% | โ |
| 2021 | $599,337โ126% | $461,236โ77% | $1,003,767โ43% | โ |
| 2020 | $264,881โ12% | $260,692โ1% | $702,948โ13% | โ |
| 2019 | $301,341 | $262,995โ16% | $623,594โ54% | โ |
| 2018 | $301,926โ21% | $226,459โ28% | $403,665โ21% | โ |
| 2017 | $383,848โ3% | $176,896โ56% | $514,002โ53% | โ |
| 2016 | $396,250โ206% | $400,437โ173% | $336,200โ214% | โ |
| 2015 | $129,303โ40% | $146,527โ15% | $107,069โ8% | โ |
| 2014 | $216,267โ265% | $127,768โ164% | $99,324โ826% | โ |
| 2013 | $59,200 | $48,475 | $10,725 | โ |
Frequently Asked Questions
What does Redeeming Life Outreach Ministries Inc do?โผ
Redeeming Life Outreach Ministries Inc is a religion-related nonprofit organization based in Florida. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Redeeming Life Outreach Ministries Inc financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Redeeming Life Outreach Ministries Inc.
How much revenue does Redeeming Life Outreach Ministries Inc generate?โผ
Redeeming Life Outreach Ministries Inc reports $605K in annual revenue and holds $1.8M in total assets, based on IRS filings.
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