Target: To create methods for evaluating liquidity, financial stability, turnover ratios, profitability for NGOs. Findings: The main problems of using business financial ratios for analyzing NGO economic results are differences in their targets and structure of financial reports. Similar methods can be used for evaluating liquidity and financial stability of NGOs, but the differences of targets between associations or foundations and enterprises limit to use the same methods for evaluating the turnover ratios and profitability. Value: The formulas can be used for further scientific research on the economic efficiency of NGOs as well as promote new research for developing these methods. Thereby it can be used by the leaders of NGOs for planning and controlling the work of these organizations.