Rhema Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 878,528 | 784,476 | 94,052 | 1.4 | 6% |
| 2011 | 1,190,727 | 1,158,397 | 32,330 | 1.3 | 3% |
| 2012 | 1,534,458 | 1,440,133 | 94,325 | 1.8 | 3% |
| 2013 | 1,866,504 | 1,684,196 | 182,308 | 2.8 | 2% |
| 2014 | 2,114,175 | 1,899,487 | 214,688 | 3.8 | 2% |
| 2015 | 2,074,405 | 1,831,801 | 242,604 | 5.5 | 2% |
| 2016 | 2,257,373 | 1,630,359 | 627,014 | 10.8 | 2% |
| 2017 | 124,579 | 212,397 | −87,818 | 70.3 | 18% |
| 2018 | 267,666 | 309,611 | −41,945 | 46.6 | 5% |
| 2019 | 166,546 | 346,351 | −179,805 | 35.4 | 3% |
| 2020 | 1,078,473 | 878,745 | 199,728 | 16.7 | 2% |
| 2021 | 2,028,659 | 1,729,728 | 298,931 | 10.6 | 3% |
| 2022 | 3,131,027 | 2,441,245 | 689,782 | 10.9 | 2% |
| 2023 | 3,208,964 | 2,705,246 | 503,718 | 12.0 | 4% |
In its most recent public year (2023), this organization brought in $503,718 more than it spent. Its reserves stood at about 12 months of spending, up from 1.4 in 2010. Staff pay was 4% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Rhema Housing Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works