Rbc Ministries
88% goes to programs $2 to raise $100 Growing revenue
Rbc Ministries is a 501(c)(3) organization based in Grand Rapids, Michigan, registered in 1943, with $72,359,583 in FY2024 revenue. CharityIndex grades it A, and it directs about 88% of spending to programs.
3000 Kraft Ave Se, Grand Rapids, MI, 49512 EIN 38-1613981 Since 1943
Revenue (FY2024)
$72.4M
▲ 7.9% vs prior year
Religion median: $139K
Expenses (FY2024)
$68.8M
Net assets
$22.5M
Employees
323
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating88% to programs · $2 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Rbc Ministries: 88% to programs · $2 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating4 mo reserves · +5% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Rbc Ministries: 4 mo reserves · +5% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Rbc Ministries: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Rbc Ministries: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Rbc ministries mission is to make the life-changing wisdom of the bible understandable and accessible to all
What they do
Daily bible teaching - bible teaching presented in a practical and understandable way through videos, radio, our daily bread devotional, discover the word, and literature - discovery series as well as production of books and music titles.
International ministries 2,323,426 internet teaching 1,512,474 unallocated health insurance credit 24,477
Contact & location
- Address
- 3000 Kraft Ave Se, Grand Rapids, MI, 49512
- City
- Grand Rapids
- State
- Michigan
- Category
- Religion-Related
- Subcategory
- Christian Churches & Ministries
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $42.4M (FY2013) to $72.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $4.8MNet assets $22.5M
Operating margin
5.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$27.3M
Total liabilities
$4.8M
Net assets
$22.5M
Salaries & benefits
$26.9M
39% of expenses
Board members
13
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $72,359,583▲7.9% | $68,772,482▲5.0% | $22,529,663▲27.5% | $27,336,812▲17.1% | 990 |
| 2023 | $67,032,062▲3.3% | $65,483,344▼0.8% | $17,673,907▲9.6% | $23,336,204▲9.5% | 990 |
| 2022 | $64,910,282▲3.9% | $66,043,558▲8.4% | $16,123,730▼6.6% | $21,310,620▼10.6% | 990 |
| 2021 | $62,503,799▲2.2% | $60,899,917▲8.7% | $17,255,057▲10.2% | $23,847,992▲10.0% | 990 |
| 2020 | $61,139,442▲19.3% | $56,005,767▲9.8% | $15,653,903▲66.7% | $21,687,815▲63.8% | 990 |
| 2019 | $51,255,727▲4.5% | $51,015,107▲6.8% | $9,391,144▲2.6% | $13,240,362▼0.5% | 990 |
| 2018 | $49,041,750▼0.9% | $47,749,443▲0.3% | $9,153,364▲16.5% | $13,305,992▲3.4% | 990 |
| 2017 | $49,485,384▲5.7% | $47,583,821▲1.9% | $7,859,355▲31.9% | $12,868,436▲9.9% | 990 |
| 2016 | $46,833,459▲6.4% | $46,676,641▼2.4% | $5,956,609▲2.7% | $11,710,322▲15.1% | 990 |
| 2015 | $44,036,898▲0.5% | $47,810,404▲10.9% | $5,799,791▼39.4% | $10,173,798▼22.2% | 990 |
| 2014 | $43,813,537▲3.4% | $43,107,207▲3.4% | $9,575,216▲7.9% | $13,080,246▲7.0% | 990 |
| 2013 | $42,364,598 | $41,699,757▲1.1% | $8,870,286▲8.1% | $12,226,688▲9.4% | 990 |
| 2012 | — | $41,257,305▼1.9% | $8,208,829▲18.0% | $11,179,503▲10.2% | 990 |
| 2011 | — | $42,039,830▲8.0% | $6,959,120▼17.4% | $10,141,136▼9.8% | 990 |
| 2010 | — | $38,927,662 | $8,422,856 | $11,247,747 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Christopher Barron — $297,699 (0.43% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Christopher Barron | Cdto | 40 | $297,699 |
| Matt Lucas | President | 40 | $286,400 |
| Vicki Harris | Chief People & Culture Officer | 40 | $214,465 |
| William Lyons | Employee | 40 | $210,777 |
| Nancy Schoonmaker | Treasurer/cfo | 40 | $208,581 |
| Sandra Jones | Vp Enterprise Apps | 40 | $204,995 |
| Luis Garcia Seoane | Sr Vp Iac | 40 | $201,993 |
| William Oechsler | Sr Vp of Us | 40 | $194,284 |
| Tim Laniak | Svp Global Content | 40 | $183,567 |
| Brett Gadd | Sr Mgr Software Int | 40 | $172,025 |
| Gary Wicker | Treasurer/cfo | 40 | $167,350 |
| Christopher Miller | Salesforce Architect | 40 | $160,404 |
| Daniel Ferwerda | Assist. Trea | 29 | $156,971 |
| William Walker | Vp Planned Giving | 40 | $156,884 |
| Carlson Choi | Director | 1 | — |
| Debbye Turner Bell | Director | 1 | — |
| Diane Maher | Vice Chair | 1 | — |
| Jeff Lambert | Director | 1 | — |
| Jennie Dimkoff | Director | 1 | — |
| Luiz Silvado | Director | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Mutually Human | Consulting | $238,488 |
| Mutually Human | Consulting | $238,488 |
| Bridget Overson Consulting | Consulting | $139,200 |
| Bridget Overson Consulting | Consulting | $139,200 |
| Short Advisory Group | Consulting | $121,778 |
| Short Advisory Group | Consulting | $121,778 |
| Click Laboratory | Consulting | $120,150 |
| Click Laboratory | Consulting | $120,150 |
| Mitchell Intellectual Property Law | Law Consulting | $101,792 |
| Mitchell Intellectual Property Law | Law Consulting | $101,792 |
Grants received · $5.5M total
89 grants to Rbc Ministries totaling $5.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Bible translation | 2024 | $274,999 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $61,276 |
| International Generosity Foundation Trust | Promotion of christian faith | 2024 | $50,000 |
| Paypal Charitable Giving Fund | General support | 2024 | $16,805 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $15,900 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $15,000 |
| Network For Good Inc | Unrestricted | 2024 | $10,708 |
| Christian Community Foundation Inc | General support | 2024 | $10,286 |
| The New York Community Trust | For program support. | 2024 | $10,000 |
| American Endowment Foundation | Religion | 2024 | $9,125 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $189,856 |
| National Christian Charitable Foundation | Growth | 2023 | $171,194 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $113,150 |
| Donor Advised Charitable Giving | Religion related | 2023 | $88,313 |
| California Community Foundation | Religion | 2023 | $75,500 |
Grants made · $622K in FY2019
1 grant totaling $622K in FY2019. All grants made by Rbc Ministries →
| Recipient | Purpose | Amount |
|---|---|---|
| Our Daily Bread Ministries Trust | Need | $621,801 |
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Compare Rbc Ministries
Frequently asked questions
- Is Rbc Ministries a legitimate nonprofit?
- Yes. Rbc Ministries is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-1613981, based in Grand Rapids, Michigan. Donations are tax-deductible.
- What is Rbc Ministries's EIN?
- Rbc Ministries's Employer Identification Number (EIN) is 38-1613981.
- How much revenue does Rbc Ministries report?
- Rbc Ministries reported $72,359,583 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Rbc Ministries's spending goes to programs?
- Rbc Ministries spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Rbc Ministries have?
- CharityIndex grades Rbc Ministries A, based on program efficiency and fundraising cost.
- How much does Rbc Ministries's highest-paid employee make?
- The highest reported compensation on Rbc Ministries's latest Form 990 is $297,699, paid to Christopher Barron (Cdto).
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Data for Rbc Ministries (EIN 38-1613981) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.