X โ€” Religion-RelatedEIN: 821202598ยท Ruling Year: 2017

Soulwell Ministries

Cypress, Texas

B-Health Score
45B-

Financial Health Score

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

Average

๐Ÿ’ฐ
$237K
Total Revenue
๐Ÿ“Š
$315K
Total Expenses
๐Ÿฆ
$134K
Net Assets
๐Ÿ“‹
$35K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-5.2%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-32.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.42
Net assets divided by total expenses
Liabilities-to-Assets
20.9%
Total liabilities as % of total assets

Filing History

6 filings on record
YearRevenueExpensesAssets
2023$236,768โ†“5%$314,534โ†‘68%$168,770โ†“20%
2022$249,789โ†‘2%$186,959โ†“4%$211,291โ†‘42%
2021$244,870โ†‘69%$195,139โ†‘101%$148,461โ†‘39%
2020$145,301โ†‘29%$97,195โ†“4%$106,500โ†‘73%
2019$112,704โ†‘78%$101,147โ†‘127%$61,616โ†‘37%
2018$63,143$44,496$44,944

Frequently Asked Questions

What does Soulwell Ministries do?โ–ผ

Soulwell Ministries is a religion-related nonprofit organization based in Texas. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Soulwell Ministries financially healthy?โ–ผ

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

How much revenue does Soulwell Ministries generate?โ–ผ

Soulwell Ministries reports $322K in annual revenue and holds $232K in total assets, based on IRS filings.

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Soulwell Ministries โ€” Cypress, TX | GiveScope