X โ€” Religion-RelatedEIN: 650231845ยท Ruling Year: 1993

Derek Prince Ministries

Charlotte, North Carolina

A-Health Score
75A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$4.6M
Total Revenue
๐Ÿ“Š
$4.9M
Total Expenses
๐Ÿฆ
$6.5M
Net Assets
๐Ÿ“‹
$164K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+16.2%
Year-over-year change (2023 โ†’ 2024)
Net Margin
-5.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.32
Net assets divided by total expenses
Liabilities-to-Assets
2.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$4,642,482โ†‘16%$4,913,285โ†‘53%$6,666,923โ†“6%
2023$3,996,368โ†“7%$3,218,503โ†“17%$7,111,311โ†‘12%
2022$4,305,437โ†‘3%$3,872,334โ†‘29%$6,321,852โ†‘7%
2021$4,164,458โ†‘20%$2,999,677โ†‘6%$5,905,828โ†‘24%
2020$3,480,285โ†‘5%$2,818,284โ†“6%$4,760,122โ†‘14%
2019$3,298,962โ†‘6%$3,007,265โ†‘4%$4,161,386โ†‘10%
2018$3,109,227โ†“12%$2,881,793โ†‘3%$3,785,237โ†‘6%
2017$3,548,019โ†‘10%$2,799,119โ†‘12%$3,556,098โ†‘27%
2016$3,214,812โ†‘19%$2,504,462โ†‘8%$2,801,364โ†‘35%
2015$2,691,805โ†‘16%$2,322,109โ†‘2%$2,081,602โ†‘22%
2014$2,317,218โ†‘2%$2,278,308โ†‘3%$1,699,925โ†‘2%
2013$2,274,860$2,205,522โ†‘4%$1,666,422โ†“3%
2012$2,276,989$2,112,286$1,713,345

Frequently Asked Questions

What does Derek Prince Ministries do?โ–ผ

Derek Prince Ministries is a religion-related nonprofit organization based in North Carolina. It is classified under NTEE code X21Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Derek Prince Ministries financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Derek Prince Ministries has a score of 75/100 (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 Derek Prince Ministries generate?โ–ผ

Derek Prince Ministries reports $4.6M in annual revenue and holds $6.7M in total assets, based on IRS filings.

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Derek Prince Ministries โ€” Charlotte, NC | GiveScope