Velvet Ashes Incorporated
Newtown Sq, Pennsylvania
CHealth Score
41C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
💰
$167K
Total Revenue
📊
$203K
Total Expenses
🏦
$81K
Net Assets
📋
$2K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+8.7%
Year-over-year change (2022 → 2023)
Net Margin
-21.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.40
Net assets divided by total expenses
Liabilities-to-Assets
2.6%
Total liabilities as % of total assets
Filing History
7 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $167,097↑9% | $203,169↑17% | $83,405↓30% | |
| 2022 | $153,706↓8% | $174,255↑22% | $119,408↓15% | — |
| 2021 | $167,536↑25% | $142,379↑18% | $140,305↑23% | — |
| 2020 | $134,149↑42% | $120,688↑10% | $114,425↑13% | — |
| 2019 | $94,629↓1% | $110,009↑89% | $101,017↓12% | — |
| 2018 | $95,458↑50% | $58,203↑172% | $114,625↑48% | — |
| 2017 | $63,745 | $21,429 | $77,370 | — |
Frequently Asked Questions
What does Velvet Ashes Incorporated do?▼
Velvet Ashes Incorporated is a religion-related nonprofit organization based in Pennsylvania. It is classified under NTEE code X11 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Velvet Ashes Incorporated financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Velvet Ashes Incorporated.
How much revenue does Velvet Ashes Incorporated generate?▼
Velvet Ashes Incorporated reports $211K in annual revenue and holds $116K in total assets, based on IRS filings.
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