Heritage Ministries Inc
Alcoa, Tennessee
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,207,161โ24% | $4,971,412โ5% | $571,454โ55% | |
| 2022 | $4,198,287โ11% | $5,229,278โ40% | $368,122โ74% | โ |
| 2021 | $4,695,767โ44% | $3,746,282โ22% | $1,430,350โ153% | โ |
| 2020 | $3,266,193 | $3,060,745 | $564,774โ89% | โ |
| 2019 | $3,278,526โ24% | $3,071,106โ15% | $298,094โ33% | โ |
| 2018 | $2,647,352โ9% | $2,660,378โ4% | $223,581โ6% | โ |
| 2017 | $2,421,991โ28% | $2,555,477โ57% | $238,026โ8% | โ |
| 2016 | $1,897,864โ2% | $1,629,913โ9% | $220,446โ11% | โ |
| 2015 | $1,933,428โ11% | $1,789,489โ18% | $246,368โ9% | โ |
| 2014 | $2,163,251โ36% | $2,183,616โ31% | $269,301โ62% | โ |
| 2013 | $1,594,970โ7% | $1,665,992โ8% | $166,153โ13% | โ |
| 2012 | $1,488,806โ11% | $1,537,285โ1% | $191,365โ146% | โ |
| 2011 | $1,343,843 | $1,520,589 | $77,931 | โ |
Frequently Asked Questions
What does Heritage Ministries Inc do?โผ
Heritage Ministries Inc is a religion-related nonprofit organization based in Tennessee. It is classified under NTEE code X21Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Heritage Ministries Inc financially healthy?โผ
Based on our 9-metric Financial Health Score model, Heritage Ministries Inc has a score of 62/100 (Grade: B). 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 Heritage Ministries Inc generate?โผ
Heritage Ministries Inc reports $4.8M in annual revenue and holds $881K in total assets, based on IRS filings.
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