Ransomed Heart Ministries
Colorado Spgs, Colorado
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $6,884,943↑17% | $7,191,080↑16% | $4,020,395↓8% | — |
| 2022 | $5,860,245↑14% | $6,191,571↑15% | $4,391,625↓4% | — |
| 2021 | $5,159,051↑12% | $5,362,492↑22% | $4,571,819↓4% | — |
| 2020 | $4,622,144↑2% | $4,410,227↑4% | $4,780,944↓2% | — |
| 2019 | $4,513,152 | $4,258,485↓3% | $4,893,468↑6% | — |
| 2018 | $4,534,623↑8% | $4,394,348↑16% | $4,601,913↑4% | — |
| 2017 | $4,205,883↑9% | $3,775,088↑3% | $4,431,084↑2% | — |
| 2016 | $3,848,305↓4% | $3,668,876↑8% | $4,349,519↑21% | — |
| 2015 | $4,014,108↑15% | $3,411,683↓2% | $3,593,211↑4% | — |
| 2014 | $3,492,432↓2% | $3,473,598 | $3,460,878↑17% | — |
| 2013 | $3,559,881↑18% | $3,488,422↑4% | $2,950,472↓10% | — |
| 2012 | $3,019,988↓4% | $3,360,815↑6% | $3,288,331↓1% | — |
| 2011 | $3,154,616 | $3,178,261 | $3,320,030 | — |
Frequently Asked Questions
What does Ransomed Heart Ministries do?▼
Ransomed Heart Ministries is a religion-related nonprofit organization based in Colorado. It is classified under NTEE code X83 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Ransomed Heart Ministries financially healthy?▼
Based on our 9-metric Financial Health Score model, Ransomed Heart Ministries has a score of 65/100 (Grade: B+). 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 Ransomed Heart Ministries generate?▼
Ransomed Heart Ministries reports $6.8M in annual revenue and holds $3.7M in total assets, based on IRS filings.
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