L โ€” Housing & ShelterEIN: 520891628ยท Ruling Year: 1969

Westminster Rescue Mission Inc

Westminster, Maryland

A-Health Score
82A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

๐Ÿ’ฐ
$2.6M
Total Revenue
๐Ÿ“Š
$2.6M
Total Expenses
๐Ÿฆ
$3.2M
Net Assets
๐Ÿ“‹
$819K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+31.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+1.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.26
Net assets divided by total expenses
Liabilities-to-Assets
20.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,622,411โ†‘31%$2,572,541โ†‘10%$4,067,775โ†‘4%
2022$1,994,726โ†“9%$2,332,047โ†‘5%$3,900,489โ†“11%
2021$2,195,268โ†“4%$2,224,156โ†‘20%$4,398,838โ†‘3%
2020$2,295,977โ†‘38%$1,857,854โ†‘18%$4,265,247โ†‘20%
2019$1,665,691โ†‘20%$1,568,266โ†‘16%$3,544,666โ†‘3%
2018$1,384,184โ†“20%$1,356,105$3,425,932
2017$1,734,423โ†‘49%$1,359,747โ†‘1%$3,425,678โ†‘12%
2016$1,164,303โ†“10%$1,349,813$3,066,888โ†“6%
2015$1,298,105โ†‘1%$1,348,627โ†‘1%$3,250,446โ†“3%
2014$1,284,282โ†‘10%$1,340,940โ†‘14%$3,336,008โ†“2%
2013$1,168,435โ†“16%$1,171,251โ†‘11%$3,403,291โ†“1%
2012$1,383,451โ†‘71%$1,055,107โ†‘24%$3,424,807โ†‘10%
2011$807,680$849,972$3,119,896

Frequently Asked Questions

What does Westminster Rescue Mission Inc do?โ–ผ

Westminster Rescue Mission Inc is a housing & shelter nonprofit organization based in Maryland. It is classified under NTEE code L410 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Westminster Rescue Mission Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Westminster Rescue Mission Inc has a score of 82/100 (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 Westminster Rescue Mission Inc generate?โ–ผ

Westminster Rescue Mission Inc reports $2.9M in annual revenue and holds $3.8M in total assets, based on IRS filings.

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Westminster Rescue Mission Inc โ€” Westminster, MD | GiveScope