Rhema Ministries

Rhema Ministries operates on a lean budget with a recent deficit and no reported officer compensation.

EIN: 201519897 · Irvington, NJ · NTEE: X19 · Updated: 2026-03-28

$151KRevenue
$7KAssets
70/100Mission Score (Good)
X19
Rhema Ministries Financial Summary
MetricValue
Total Revenue$151K
Total Expenses$196K
Program Spending80%
CEO/Top Officer Pay$183,514
Net Assets$7K
Transparency Score70/100

Is Rhema Ministries Legit?

Some Concerns

LimitedFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Rhema Ministries directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Rhema Ministries

Rhema Ministries (EIN: 201519897) is a nonprofit organization based in Irvington, NJ, classified under NTEE code X19. The organization reported total revenue of $151K and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rhema Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

3Years Operating
SmallSize Classification
1Years of Filings
StableRevenue Trajectory

Rhema Ministries is a small nonprofit that has been operating for 3 years.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$184K
Total Expenses$196K
Surplus / Deficit$-12,523
Total Assets$7K
Net Assets$7K
Operating Margin-6.8%
Months of Reserves0.4 months

Financial Health Grade: C

In 2023, Rhema Ministries reported a deficit of $13K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited).

IRS Tax-Exempt Classification

IRS Classification Codes7000
IRS Ruling Date2023

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Rhema Ministries appears to be a small, community-focused organization with limited financial resources. Their latest filing (202312) shows revenues of $183,514 and expenses of $196,037, indicating a deficit for that period. With total assets of only $7,152 and no reported liabilities, the organization operates on a very lean budget. The absence of reported officer compensation suggests a volunteer-driven or very low-cost leadership structure, which can be a positive sign for donor confidence regarding executive pay. The organization's financial health is somewhat precarious given the deficit in the most recent period and minimal assets. While the lack of liabilities is good, the low asset base provides little buffer for future operations or unexpected expenses. Spending efficiency cannot be fully determined without a detailed breakdown of expenses beyond total revenue and expenses, but the lack of officer compensation is a positive indicator of cost control at the top. Transparency is moderate, with one recent filing available, but more detailed financial breakdowns would enhance understanding.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Rhema Ministries with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Rhema Ministries allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:

$184KTotal Revenue
$196KTotal Expenses
$7KTotal Assets
$7KNet Assets

Executive Compensation Analysis

Officer compensation is reported as 0% in the latest filing, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is a positive for minimizing overhead at the executive level for an organization with $183,514 in revenue.

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 Rhema Ministries's IRS 990 filings:

Strengths

The following positive indicators were identified for Rhema Ministries:

Frequently Asked Questions about Rhema Ministries

Is Rhema Ministries a legitimate charity?

Based on AI analysis of IRS 990 filings, Rhema Ministries (EIN: 201519897) some concerns. Mission Score: 70/100. 2 red flags identified, 2 strengths noted.

How does Rhema Ministries spend its money?

Rhema Ministries directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Rhema Ministries tax-deductible?

Rhema Ministries is registered as a tax-exempt nonprofit (EIN: 201519897). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Rhema Ministries CEO make?

Rhema Ministries's highest-compensated officer earns $183,514 annually. The organization reported $151K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Rhema Ministries's spending goes to programs?

Rhema Ministries directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Rhema Ministries compare to similar nonprofits?

With a transparency score of 70/100 (Good), Rhema Ministries is above average for NTEE category X19 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Rhema Ministries located?

Rhema Ministries is headquartered in Irvington, New Jersey and files with the IRS under EIN 201519897. It is classified under NTEE code X19.

Is Rhema Ministries financially stable?

Rhema Ministries shows limited financial stability, with a deficit of $12,523 (Expenses $196,037 - Revenue $183,514) in its most recent filing period and only $7,152 in assets, providing minimal reserves.

How does Rhema Ministries manage executive compensation?

The organization reports 0% officer compensation, suggesting a volunteer-led or very cost-efficient executive structure.

What is the organization's asset base?

Rhema Ministries has a very small asset base of $7,152 as of its latest filing, indicating limited financial reserves.

Filing History

IRS 990 filing history for Rhema Ministries showing financial trends over 1 year of public records:

In its most recent filing year (2023), Rhema Ministries reported a deficit of $13K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $184K $196K $7K $0 View 990

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Rhema Ministries:

2023 Filing

Data Sources and Methodology

This transparency report for Rhema Ministries 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.

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