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Religion : Religious Media and Broadcasting

Our Daily Bread Ministries

Making the life-changing wisdom of the Bible understandable and accessible to all

three stars

89.76

3000 Kraft Avenue, SE Grand Rapids, MI 49512
tel: (616) 974-2210   Web Site
EIN: 38-1613981

Board Leadership
Marty Doorn
Chair

CEO
Richard De Haan
President

  Score
(out of 100)
Rating
Overall Score & Rating 89.76 three stars
  Financial 87.93 three stars
  Accountability & Transparency 92.00 four stars
This rating was published 06/01/2020 and includes data from FY2019, the most recent 990 received at that time.

Founded in 1938, Our Daily Bread Ministries, formerly RBC Ministries, make the life-changing wisdom of the Bible understandable and accessible to all through publication of devotional materials, internet ministry, and radio broadcasting. This is accomplished through: Our Daily Bread, a devotional published monthly; daily bible teaching presented in a practical and understandable way through television, radio and literature; Soul Journey, a devotional booklet published monthly; and Our Daily Bread radio. Our mission is to make the life-changing wisdom of the Bible understandable and accessible to all. Our vision is to see people of all nations experiencing a personal relationship with Christ, growing to be more like Him, and serving in a local body of His family.

Founded in 1938, Our Daily Bread Ministries, formerly RBC Ministries, make the life-changing wisdom of the Bible understandable and accessible to all through publication of devotional materials, internet ministry, and radio broadcasting. This is accomplished through: Our Daily Bread, a devotional published monthly; daily bible teaching presented in a practical and understandable way through television, radio and literature; Soul Journey, a devotional booklet published monthly; and Our Daily Bread radio. Our mission is to make the life-changing wisdom of the Bible understandable and accessible to all. Our vision is to see people of all nations experiencing a personal relationship with Christ, growing to be more like Him, and serving in a local body of His family.

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Financial

three stars

87.93

Accountability & Transparency

four stars

92.00

This rating was published 06/01/2020 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
88.9%
  Administrative Expenses 9.4%
  Fundraising Expenses 1.5%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 0.19
  Program Expenses Growth 3.9%
  Liabilities to Assets 31.2%
All data for Financial Performance Metrics calculations was provided by Our Daily Bread Ministries on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Our Daily Bread Ministries on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Our Daily Bread Ministries (MI) 89.76 three stars
Changed Lives (TN) 87.81 three stars
World Christian Broadcasting (TN) 89.48 three stars
Relevant Radio (WI) 92.02 four stars
Proverbs 31 Ministries (NC) 92.56 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $41,741,005
   Federated Campaigns $41,450
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $4,938,150
   Government Grants $0
Total Contributions $46,720,605
   Program Service Revenue $0
Total Primary Revenue $46,720,605
   Other Revenue $2,321,145
TOTAL REVENUE $49,041,750
   
EXPENSES  
   Program Expenses $41,591,200
   Administrative Expenses $5,427,485
   Fundraising Expenses $730,758
TOTAL FUNCTIONAL EXPENSES $47,749,443
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,292,307
   
Net Assets $9,153,364

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Our Daily Bread $34,459,536 82.9%
Daily Bible Teaching $5,583,999 13.4%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-03 06/01/2020 89.76 three stars
2018-03 08/01/2019 90.51 four stars
2017-03 08/01/2018 89.50 three stars
2016-03 06/01/2017 79.53 two stars
2015-03 08/01/2016 77.99 two stars
2014-03 06/01/2016 78.88 two stars
 
CN 2.0
2014-03 11/01/2015 78.08 two stars
2013-03 12/01/2014 82.02 three stars
2012-03 09/01/2013 86.31 three stars
2011-03 05/01/2012 80.30 three stars
2010-03 09/20/2011 79.78 two stars
 
CN 1.0
2010-03 06/01/2011 74.66 two stars
2009-03 08/01/2010 82.02 three stars
2008-03 09/01/2009 79.46 two stars
2007-03 09/01/2008 79.81 two stars
2002-03 04/15/2003 82.28 three stars
2001-03 10/15/2002 81.53 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 38-1613981
Name in IRS Master File RBC MINISTRIES
NTEE Code X20
NTEE Classification Christian
NTEE Type Religion-Related, Spiritual Development
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (59) Other school related activities
(1) Church, synagogue, etc
(29) Other religious activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date May, 1943
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End March
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • March, 2018
  • March, 2017
  • March, 2016
  • March, 2015
  • March, 2014
Compensation % of Expenses Paid to Title
$228,954 0.47% Richard De Haan President

Highly Rated

Charity Name & State Overall Score Overall Rating
Our Daily Bread Ministries (MI) 89.76 three stars
JOY FM Radio (MO) 85.24 three stars
Living on the Edge (GA) 92.85 four stars
Relevant Radio (WI) 92.02 four stars
Lamb & Lion Ministries (TX) 95.54 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Our Daily Bread Ministries
3000 Kraft Avenue, SE
Grand Rapids, MI 49512
tel: (616) 974-2210
EIN: 38-1613981

Mail donations to:
P.O. Box 2222
Grand Rapids, MI 49501

Visit Web Site

Board Leadership

Marty Doorn
Chair

CEO

Richard De Haan
President

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