Free Life Ministries Inc
Goldsboro, North Carolina
CHealth Score
37C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
💰
$357K
Total Revenue
📊
$536K
Total Expenses
🏦
$2.5M
Net Assets
📋
$1K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-22.7%
Year-over-year change (2022 → 2023)
Net Margin
-50.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.68
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $356,880↓23% | $535,853↓13% | $2,511,258↓2% | — |
| 2022 | $461,620↓2% | $619,234↑11% | $2,553,232↓18% | — |
| 2021 | $472,286↑9% | $558,709↑5% | $3,123,694↑3% | — |
| 2020 | $431,733↓9% | $532,386↑4% | $3,042,561↓3% | — |
| 2019 | $472,822↑15% | $511,140↑20% | $3,143,501↑7% | — |
| 2018 | $409,421↓87% | $424,486↑7% | $2,926,243↓7% | — |
| 2017 | $3,069,989↑696% | $396,986↓4% | $3,160,846↑548% | — |
| 2016 | $385,437↓7% | $412,173↓2% | $487,450↓5% | — |
| 2015 | $415,079↓4% | $421,295↑8% | $514,690↓1% | — |
| 2014 | $433,677↑5% | $389,486↓4% | $519,345↓4% | — |
| 2013 | $412,174↓11% | $406,622 | $540,092↓14% | — |
| 2012 | $463,495↓1% | $406,425↓9% | $629,763↓1% | — |
| 2011 | $466,442 | $447,640 | $639,283 | — |
Frequently Asked Questions
What does Free Life Ministries Inc do?▼
Free Life Ministries Inc is a unclassified nonprofit organization based in North Carolina. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Free Life Ministries Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Free Life Ministries Inc.
How much revenue does Free Life Ministries Inc generate?▼
Free Life Ministries Inc reports $385K in annual revenue and holds $2.6M in total assets, based on IRS filings.
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