Project Rehema Ministries Inc
Project Rehema Ministries consistently operates within its means with no reported officer compensation.
EIN: 208939880 · Sioux City, IA · NTEE: Q30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $128K |
| Total Expenses | $121K |
| Program Spending | 90% |
| Net Assets | $65K |
| Transparency Score | 92/100 |
Is Project Rehema Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Project Rehema Ministries Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Project Rehema Ministries Inc
Project Rehema Ministries Inc (EIN: 208939880) is a nonprofit organization based in Sioux City, IA, classified under NTEE code Q30. The organization reported total revenue of $128K and total assets of $69K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Project Rehema Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Project Rehema Ministries Inc is a small nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 9.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $146K |
| Total Expenses | $121K |
| Surplus / Deficit | +$26K |
| Total Assets | $65K |
| Total Liabilities | $459 |
| Net Assets | $65K |
| Operating Margin | 17.5% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 6.5 months |
Financial Health Grade: A
In 2023, Project Rehema Ministries Inc reported a surplus of $26K with revenue exceeding expenses, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Project Rehema Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.5% | -6.6% | +65.0% |
| 2022 | +2.3% | +0.6% | -6.3% |
| 2021 | +18.0% | +18.7% | -10.2% |
| 2020 | +19.1% | +28.4% | -24.4% |
| 2019 | -26.1% | -28.4% | +6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Project Rehema Ministries Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Project Rehema Ministries Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size and suggests a volunteer-led structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Project Rehema Ministries Inc's IRS 990 filings:
- Small asset base relative to annual revenue, though growing recently.
Strengths
The following positive indicators were identified for Project Rehema Ministries Inc:
- Consistent 0% officer compensation, indicating high program efficiency.
- Low and stable liabilities across all reported periods.
- Revenue generally covers or exceeds expenses, demonstrating financial prudence.
- Consistent filing of IRS Form 990s, indicating good transparency.
- Growing revenue trend over the past several years.
Frequently Asked Questions about Project Rehema Ministries Inc
Is Project Rehema Ministries Inc a legitimate charity?
Project Rehema Ministries Inc (EIN: 208939880) is a registered tax-exempt nonprofit based in Iowa. Our AI analysis gives it a Mission Score of 92/100. It has 8 years of IRS 990 filings on record. Total revenue: $128K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Project Rehema Ministries Inc spend its money?
Project Rehema Ministries Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Project Rehema Ministries Inc tax-deductible?
Project Rehema Ministries Inc is registered as a tax-exempt nonprofit (EIN: 208939880). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Project Rehema Ministries Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Project Rehema Ministries Inc is above average for NTEE category Q30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Project Rehema Ministries Inc located?
Project Rehema Ministries Inc is headquartered in Sioux City, Iowa and files with the IRS under EIN 208939880. It is classified under NTEE code Q30.
How many years of IRS 990 filings does Project Rehema Ministries Inc have?
Project Rehema Ministries Inc has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $128K in total revenue.
Is Project Rehema Ministries Inc a good charity?
Based on the provided data, Project Rehema Ministries Inc appears to be a good charity. It consistently operates within its budget, maintains low liabilities, and reports 0% officer compensation, suggesting a strong focus on program delivery.
How has the organization's revenue trended over time?
The organization's revenue has generally shown an upward trend, increasing from $75,451 in 2016 to $146,419 in 2023, with some minor fluctuations, indicating growth in its funding base.
What is the organization's financial stability?
Project Rehema Ministries Inc demonstrates good financial stability, with assets generally exceeding liabilities and a consistent ability to cover expenses with revenue. Liabilities have remained very low, typically around $459.
Does the organization spend efficiently?
Yes, the organization appears to spend very efficiently, primarily due to the reported 0% officer compensation, which implies a very high percentage of expenses are directed towards program services rather than administrative salaries.
Filing History
IRS 990 filing history for Project Rehema Ministries Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Project Rehema Ministries Inc's revenue has grown by 94.1%, moving from $75K to $146K. Total assets increased by 55.7% over the same period, from $42K to $65K. Total functional expenses rose by 56.8%, from $77K to $121K. In its most recent filing year (2023), Project Rehema Ministries Inc reported a surplus of $26K, with revenue exceeding expenses. The organization holds $459 in liabilities against $65K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $65K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $146K | $121K | $65K | $459 | — | View 990 |
| 2022 | $127K | $129K | $39K | $459 | — | View 990 |
| 2021 | $124K | $129K | $42K | $459 | — | View 990 |
| 2020 | $105K | $108K | $47K | $459 | — | — |
| 2019 | $88K | $84K | $62K | $459 | — | View 990 |
| 2018 | $119K | $118K | $58K | $459 | — | View 990 |
| 2017 | $93K | $78K | $57K | $455 | — | View 990 |
| 2016 | $75K | $77K | $42K | $248 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $146K, expenses of $121K, and assets of $65K (revenue +15.5% year-over-year).
- 2022: Revenue of $127K, expenses of $129K, and assets of $39K (revenue +2.3% year-over-year).
- 2021: Revenue of $124K, expenses of $129K, and assets of $42K (revenue +18.0% year-over-year).
- 2020: Revenue of $105K, expenses of $108K, and assets of $47K (revenue +19.1% year-over-year).
- 2019: Revenue of $88K, expenses of $84K, and assets of $62K (revenue -26.1% year-over-year).
- 2018: Revenue of $119K, expenses of $118K, and assets of $58K (revenue +28.7% year-over-year).
- 2017: Revenue of $93K, expenses of $78K, and assets of $57K (revenue +22.8% year-over-year).
- 2016: Revenue of $75K, expenses of $77K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Project Rehema Ministries Inc:
Data Sources and Methodology
This transparency report for Project Rehema Ministries Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.