X โ€” Religion-RelatedEIN: 861767123ยท Ruling Year: 2021

Beacon Of Hope Ministry

Montevallo, Alabama

B+Health Score
68B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$91K
Total Revenue
๐Ÿ“Š
$80K
Total Expenses
๐Ÿฆ
$37K
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-20.4%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+11.8%
Revenue minus expenses as % of revenue

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$90,816โ†“20%$80,141โ†“13%$36,793โ†‘41%
2022$114,031โ†‘133%$92,163โ†‘106%$26,118โ†‘515%
2021$48,946$44,696$4,250

Frequently Asked Questions

What does Beacon Of Hope Ministry do?โ–ผ

Beacon Of Hope Ministry is a religion-related nonprofit organization based in Alabama. It is classified under NTEE code X21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Beacon Of Hope Ministry financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Beacon Of Hope Ministry.

How much revenue does Beacon Of Hope Ministry generate?โ–ผ

Beacon Of Hope Ministry reports $53K in annual revenue and holds $23K in total assets, based on IRS filings.

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Beacon Of Hope Ministry โ€” Montevallo, AL | GiveScope