X — Religion-RelatedEIN: 381613981· Ruling Year: 1943

Rbc Ministries

Grand Rapids, Michigan

B+Health Score
67B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 7 peers in Religion-Related with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.24×
Peer Median5.89×
💰
$64.9M
Total Revenue
📊
$66.0M
Total Expenses
🏦
$16.1M
Net Assets
📋
$5.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.9%
Year-over-year change (2022 → 2023)
Net Margin
-1.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.24
Net assets divided by total expenses
Liabilities-to-Assets
24.3%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$64,910,282↑4%$66,043,558↑8%$21,310,620↓11%
2022$62,503,799↑2%$60,899,917↑9%$23,847,992↑10%
2021$61,139,442↑19%$56,005,767↑10%$21,687,815↑64%
2020$51,255,727↑5%$51,015,107↑7%$13,240,362
2019$49,041,750↓1%$47,749,443$13,305,992↑3%
2018$49,485,384↑6%$47,583,821↑2%$12,868,436↑10%
2017$46,833,459↑6%$46,676,641↓2%$11,710,322↑15%
2016$44,036,898↑1%$47,810,404↑11%$10,173,798↓22%
2015$43,813,537↑3%$43,107,207↑3%$13,080,246↑7%
2014$42,364,598$41,699,757↑1%$12,226,688↑9%
2013$42,498,734↑5%$41,257,305↓2%$11,179,503↑10%
2012$40,576,094$42,039,830$10,141,136

Frequently Asked Questions

What does Rbc Ministries do?▼

Rbc Ministries is a religion-related nonprofit organization based in Michigan. It is classified under NTEE code X20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Rbc Ministries financially healthy?▼

Based on our 9-metric Financial Health Score model, Rbc Ministries has a score of 67/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Rbc Ministries generate?▼

Rbc Ministries reports $72.4M in annual revenue and holds $27.3M in total assets, based on IRS filings.

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