7 Springs Ministries is a 501(c)(3) organization based in Oxford, Alabama, registered in 2015, with $984,832 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$985K
▲ 57.3% vs prior year
Mental Health median: $333K
Expenses (FY2024)
$876K
Net assets
$90K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for 7 Springs Ministries— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For 7 Springs Ministries: 1 mo reserves · +11% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for 7 Springs Ministries— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For 7 Springs Ministries: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $94K (FY2014) to $985K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
11.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$301K
Total liabilities
$210K
Net assets
$90K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $984,832▲57.3% | $876,244▲5.7% | $90,421▲598% | $300,836▼1.7% | 990 |
| 2023 | $626,033▼32.6% | $829,218▼6.3% | -$18,167▼110% | $305,932▼42.9% | 990 |
| 2022 | $928,942▼0.9% | $885,343▼4.6% | $185,020▲30.8% | $535,975▼33.1% | 990 |
| 2021 | $937,059▲14.9% | $928,441▲8.6% | $141,421▼3.3% | $801,217▼32.1% | 990 |
| 2020 | $815,569▼7.4% | $854,902▲2.7% | $146,228▼21.2% | $1,179,752▲89.5% | 990 |
| 2019 | $880,624▲42.0% | $832,400▲50.7% | $185,561▲35.1% | $622,608▲299% | 990 |
| 2018 | $620,356▲70.0% | $552,253▲61.8% | $137,336▲98.4% | $156,151▲72.3% | 990 |
| 2017 | $364,887▲38.7% | $341,373▲27.7% | $69,233▲568% | $90,604▲218% | 990 |
| 2016 | $263,141▲18.9% | $267,425▲26.5% | $10,361▼52.9% | $28,519▲17.8% | 990 |
| 2015 | $221,332▲135% | $211,346▲141% | $22,011▲237% | $24,212▲157% | 990 |
| 2014 | $94,262 | $87,727 | $6,535 | $9,422 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Explore more
Data for 7 Springs Ministries (EIN 47-1049526) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.