Rhemas Child Care Center Inc

Analysis

Rhemas Child Care Center Inc is a registered charity in United States, based in Harper Woods, MI. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rhemas Child Care Center Inc reported income of $450k and spending of $492k, spending 109% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $625 to $450k (+71937%), an average of +273% a year. The sharpest change came in the year to December 2019, when income rose by 1159%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rhemas Child Care Center Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include Present Now ($450k), Timothy Initiative Ministries Inc ($450k) and Reach Unlimited I Inc ($450k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $67k (14% of expenses). Other salaries and wages came to $263k. At year end it held assets of $62k against liabilities of $7,902, net assets of $54k. It reported 13 employees.