L โ€” Housing & ShelterEIN: 842385064ยท Ruling Year: 2020

His Hope Ministries Inc

Denton, Maryland

BHealth Score
55B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$626K
Total Revenue
๐Ÿ“Š
$574K
Total Expenses
๐Ÿฆ
$347K
Net Assets
๐Ÿ“‹
$29K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.9%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+8.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.60
Net assets divided by total expenses
Liabilities-to-Assets
7.7%
Total liabilities as % of total assets

Filing History

4 filings on record
YearRevenueExpensesAssets
2023$625,794โ†‘1%$574,048โ†“6%$375,781โ†‘876%
2022$620,327โ†“6%$607,994โ†“10%$38,491โ†‘47%
2021$657,153โ†‘44%$674,757โ†‘29%$26,158โ†“40%
2020$456,832$523,787$43,762

Frequently Asked Questions

What does His Hope Ministries Inc do?โ–ผ

His Hope Ministries Inc is a housing & shelter nonprofit organization based in Maryland. It is classified under NTEE code L80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is His Hope Ministries Inc financially healthy?โ–ผ

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

How much revenue does His Hope Ministries Inc generate?โ–ผ

His Hope Ministries Inc reports $622K in annual revenue and holds $404K in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Housing & Shelter category, or browse all nonprofits in Maryland.

His Hope Ministries Inc โ€” Denton, MD | GiveScope