Strong Life Ministries
Conover, North Carolina
A-Health Score
75A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$305K
Total Revenue
📊
$238K
Total Expenses
🏦
$655K
Net Assets
📋
$506
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+14.4%
Year-over-year change (2022 → 2023)
Net Margin
+22.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.75
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets
Filing History
5 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $304,867↑14% | $237,835↑32% | $655,165↑11% | |
| 2022 | $266,406↑20% | $180,760↑15% | $591,015↑17% | — |
| 2021 | $221,712↓49% | $157,768↑204% | $503,129↑15% | — |
| 2020 | $435,447↑292% | $51,906↓8% | $438,152↑702% | — |
| 2019 | $111,187 | $56,576 | $54,611 | — |
Frequently Asked Questions
What does Strong Life Ministries do?▼
Strong Life Ministries is a human services nonprofit organization based in North Carolina. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Strong Life Ministries financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Strong Life Ministries.
How much revenue does Strong Life Ministries generate?▼
Strong Life Ministries reports $287K in annual revenue and holds $669K in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Human Services category, or browse all nonprofits in North Carolina.