Rbc Ministries
Also known as Our Daily Bread Ministries
Rbc Ministries reported $72.4 million in revenue and $68.8 million in expenses for the fiscal year ending March 31, 2025. Of every $100 it spent, $88.34 went to program services, $9.62 to management and general costs and $2.04 to fundraising. Its largest source of revenue was contributions and grants: 89.5% of the total. The highest compensation it reported for one person was $318,897 (CDTO). 37 people received more than $100,000 in reportable compensation. Revenue rose 41% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending March 31, 2025 · Form 990, Part IX, line 25 · total expenses $69MFor context, the median across 290 covered religion-related charities: $88.39 programs, $9.62 management, $1.99 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending March 31, 2025 · Form 990, Part VIII · total revenue $72MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 88.3% | 86.0% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.6% | 9.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.0% | 1.9% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.02 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 89.5% | 83.4% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 6.8% | 2.3% |
| Highest reported compensation Part VII-A, columns D–F | $318,897 | $276,040 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.46% | 1.40% |
| People paid over $100,000 Part VII, line 2 | 37 | 4 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 3.9 | 12.7 |
| Independent voting board members Part VI 1a–1b | 13 of 13 | 90.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseOur daily bread - a devotional published monthly for individuals and families who desire a close relationship with god
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
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CDTO Key employee, 40.00 hrs/week | $297,699 | $0 | $21,198 | $318,897 |
| PRESIDENT Director/trustee, officer, 40.00 hrs/week | $286,400 | $0 | $30,729 | $317,129 |
| CHIEF PEOPLE & CULTURE OFFICER Key employee, 40.00 hrs/week | $214,465 | $0 | $24,002 | $238,467 |
| EMPLOYEE Highest compensated employee, 40.00 hrs/week | $210,777 | $0 | $7,238 | $218,015 |
| SR VP OF US Key employee, 40.00 hrs/week | $194,284 | $0 | $22,361 | $216,645 |
| TREASURER/CFO Officer, 40.00 hrs/week | $208,581 | $0 | $6,366 | $214,947 |
| SR VP IAC Key employee, 40.00 hrs/week | $201,993 | $0 | $8,082 | $210,075 |
| VP ENTERPRISE APPS Highest compensated employee, 40.00 hrs/week | $204,995 | $0 | $3,367 | $208,362 |
37 people received more than $100,000 in reportable compensation from Rbc Ministries (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.2M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b13 · 13 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5323
- Volunteers Part I, line 6100
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| MUTUALLY HUMAN Consulting | $238,488 |
| SHORT ADVISORY GROUP Consulting | $121,778 |
| CLICK LABORATORY Consulting | $120,150 |
| MITCHELL INTELLECTUAL PROPERTY LAW Law consulting | $101,792 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
13 private foundations reported grants to Rbc Ministries totaling $1.3M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Rbc Ministries's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Rbc Ministries, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Rbc Ministries spent in FY2025, $88.34 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Strategic Resource GroupDallas, TX · revenue $70M · programs 94.5% · 2024
- Hillel the Foundation for Jewish Campus LifeWashington, DC · revenue $73M · programs 81.0% · FY2025
- United Faith MinistriesNorfolk, VA · revenue $70M · programs 93.7% · 2025
- Word of Life FellowshipSchroon Lake, NY · revenue $73M · programs 91.3% · 2025
- The Wright Center Medical GroupScranton, PA · revenue $70M · programs 83.4% · FY2025
All religion-related charities · Largest charities in Michigan
Questions people ask
How much of Rbc Ministries's spending goes to programs?
In the fiscal year ending March 31, 2025, Rbc Ministries reported that 88.3% of its $68.8 million in expenses went to program services, 9.6% to management and general and 2.0% to fundraising (Form 990, Part IX).
How much does Rbc Ministries pay its top executive?
The largest total compensation Rbc Ministries reported for one person in the fiscal year ending March 31, 2025 was $318,897, for the role of CDTO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Rbc Ministries get its money?
Of $72.4 million in revenue in the fiscal year ending March 31, 2025, 89.5% came from contributions and grants and 6.8% from program service revenue (Form 990, Part VIII).
Is Rbc Ministries a registered charity?
The IRS lists EIN 38-1613981 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending March 31, 2025 (amended), object 202630349349300708 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending March 31, 2024, object 202530309349301403 · read the filing
- FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202323469349301202 · read the filing
- FY2022: Form 990 for the fiscal year ending March 31, 2022, object 202203339349300310 · read the filing
- FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202142719349300444 · read the filing
- FY2020: Form 990 for the fiscal year ending March 31, 2020, object 202100199349300700 · read the filing
All filings for EIN 38-1613981: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.