X — Religion-RelatedEIN: 300755028· Ruling Year: 2014

Rhyme & Reason Ministry Inc

South Bend, Indiana

BHealth Score
57B

Financial Health Score

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

Above Average

💰
$1.3M
Total Revenue
📊
$1.3M
Total Expenses
🏦
$244K
Net Assets
📋
$662K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+16.3%
Year-over-year change (2022 → 2023)
Net Margin
-0.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.19
Net assets divided by total expenses
Liabilities-to-Assets
73.1%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$1,274,321↑16%$1,286,187↑36%$906,293↑60%
2022$1,095,667↑30%$947,509↑28%$568,099↑12%
2021$843,812↑91%$739,175↑76%$507,775↑361%
2020$442,290↑149%$420,059↑203%$110,244↑125%
2019$177,792$138,548$48,992

Frequently Asked Questions

What does Rhyme & Reason Ministry Inc do?▼

Rhyme & Reason Ministry Inc is a religion-related nonprofit organization based in Indiana. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Rhyme & Reason Ministry Inc financially healthy?▼

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Rhyme & Reason Ministry Inc.

How much revenue does Rhyme & Reason Ministry Inc generate?▼

Rhyme & Reason Ministry Inc reports $1.6M in annual revenue and holds $846K in total assets, based on IRS filings.

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