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Rescue Mission Alliance of Syracuse N Y

RegisteredEIN 15-0532146Syracuse, NYPoverty relief
Income$30.4m2023-09
Spending$28.3msame year
Spent / received92%5-year average
Size in its cause98th pctPoverty relief
Exempt since1948Publicly supported organisat
Employees600latest return

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

$0$7.6m$15.2m$22.8m$30.4m2019 Income: $22,277,8242019 Spending: $21,855,13320192020 Income: $24,586,2862020 Spending: $21,924,90420202021 Income: $25,569,7582021 Spending: $22,679,32920212022 Income: $29,334,5422022 Spending: $26,759,66120222023 Income: $30,362,8962023 Spending: $28,333,4192023
IncomeSpending

Where the income comes from

  • Contributions & grants 26%
  • Program services 3.9%
  • Other 70%

Similar-sized charities, same cause

CharityLocationIncome
Whole Life IncNew London$30.3m
Community Aid IncYork$30.4m
First Childrens FinanceMinneapolis$30.3m
Umh Pa CorpBinghamton$30.4m