Rhema for the Nations Inc

Analysis

Rhema for the Nations Inc is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rhema for the Nations Inc reported income of $4.6m and spending of $4.5m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $4.6m (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rhema for the Nations Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Moving Traditions ($4.6m), Yeshiva Gedolah Keren Hatorah Inc ($4.6m) and Haven Ministries ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $92k (2.1% of expenses). Other salaries and wages came to $106k. At year end it held assets of $118k against liabilities of $0, net assets of $118k.