X โ€” Religion-RelatedEIN: 822252461ยท Ruling Year: 2018

Impacto Ministry Inc

La Plata, Maryland

B+Health Score
66B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$1.1M
Total Revenue
๐Ÿ“Š
$936K
Total Expenses
๐Ÿฆ
$822K
Net Assets
๐Ÿ“‹
$5K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+45.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+18.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.88
Net assets divided by total expenses
Liabilities-to-Assets
0.6%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$1,144,396โ†‘46%$935,756โ†“3%$827,234โ†‘33%
2022$785,644โ†“19%$959,870โ†‘26%$623,190โ†“20%
2021$974,779โ†‘46%$758,913โ†‘56%$778,726โ†‘38%
2020$668,895โ†“48%$487,969โ†“46%$562,905โ†‘48%
2019$1,278,741$899,900$381,621

Frequently Asked Questions

What does Impacto Ministry Inc do?โ–ผ

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

Is Impacto Ministry Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Impacto Ministry Inc.

How much revenue does Impacto Ministry Inc generate?โ–ผ

Impacto Ministry Inc reports $1.5M in annual revenue and holds $1.1M in total assets, based on IRS filings.

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Impacto Ministry Inc โ€” La Plata, MD | GiveScope