X โ€” Religion-RelatedEIN: 631169914ยท Ruling Year: 1997

Break Away Ministries Inc

Gadsden, Alabama

B+Health Score
69B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$472K
Total Revenue
๐Ÿ“Š
$489K
Total Expenses
๐Ÿฆ
$273K
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-3.6%
Revenue minus expenses as % of revenue

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$472,008โ†‘6%$489,220โ†‘36%$273,080โ†“6%
2022$445,026โ†‘37%$360,835โ†‘27%$291,878โ†‘42%
2021$324,273โ†‘32%$284,150โ†‘32%$206,102โ†‘24%
2020$246,427โ†“13%$215,369โ†“18%$165,979โ†‘23%
2019$282,139โ†“7%$261,240โ†“6%$134,921โ†‘18%
2018$304,341โ†‘21%$278,407โ†‘23%$114,022โ†‘29%
2017$250,712$226,025โ†‘10%$88,088โ†‘39%
2016$249,637โ†‘30%$205,345โ†‘18%$63,401โ†‘232%
2015$192,049โ†‘1%$173,380โ†‘4%$19,109โ†“4%
2014$189,530โ†“1%$166,055โ†“26%$19,867โ†‘100%
2013$191,020โ†‘69%$224,486โ†‘136%$9,932โ†“5%
2012$113,330โ†‘20%$95,233โ†‘18%$10,431โ†‘8666%
2011$94,359$80,458$119

Frequently Asked Questions

What does Break Away Ministries Inc do?โ–ผ

Break Away Ministries Inc is a religion-related nonprofit organization based in Alabama. It is classified under NTEE code X21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Break Away Ministries Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Break Away Ministries Inc.

How much revenue does Break Away Ministries Inc generate?โ–ผ

Break Away Ministries Inc reports $579K in annual revenue and holds $298K in total assets, based on IRS filings.

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Break Away Ministries Inc โ€” Gadsden, AL | GiveScope