Rescue Mission Alliance of Syracuse N Y
Analysis
Rescue Mission Alliance of Syracuse N Y is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in September 1948, 78 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, Rescue Mission Alliance of Syracuse N Y reported income of $30.4m and spending of $28.3m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $22.3m to $30.4m (+36%), an average of +8.0% a year. Over the whole period it spent 92% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rescue Mission Alliance of Syracuse N Y sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Whole Life Inc ($30.3m), Community Aid Inc ($30.4m) and First Childrens Finance ($30.3m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 26% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $1.1m (4.0% of expenses). Other salaries and wages came to $13.4m. At year end it held assets of $47.9m against liabilities of $20.0m, net assets of $27.8m. It reported 600 employees.
Income and spending
Where the income comes from
- Contributions & grants 26%
- Program services 3.9%
- Other 70%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Whole Life Inc | New London | $30.3m |
| Community Aid Inc | York | $30.4m |
| First Childrens Finance | Minneapolis | $30.3m |
| Umh Pa Corp | Binghamton | $30.4m |