Rhema International Ministries Inc

Analysis

Rhema International Ministries Inc is a registered charity in United States, based in Rochester, MI. It received its IRS tax-exemption ruling in October 1989, 37 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Rhema International Ministries Inc reported income of $109k and spending of $85k, leaving 22% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income fell from $113k to $109k (-4.2%), an average of -4.2% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rhema International Ministries Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within MI. Charities of a similar size with the same main cause include Crisis Pregnancy Center New Beginnings Inc ($109k), Auxiliary of the Boys and Girls Clubs of the Greater Scottsdale ($109k) and Holy Order of Cherubim and Seraphim Church Inc ($109k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $55k against liabilities of $5,566, net assets of $50k.