Rescue Mission of Trenton

Analysis

Rescue Mission of Trenton is a registered charity in United States, based in Trenton, NJ. It received its IRS tax-exemption ruling in April 1951, 75 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 June 2023, Rescue Mission of Trenton reported income of $11.2m and spending of $8.7m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.5m to $11.2m (+49%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 71%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rescue Mission of Trenton sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NJ. Charities of a similar size with the same main cause include Shorefront Ym-Ywha of Brighton- Manhattan Beach Inc ($11.1m), Metropolitan Community Services ($11.2m) and Alianza Nacional de Campesinas Inc ($11.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $271k (3.1% of expenses). Other salaries and wages came to $4.2m. It paid $4,502 in professional fundraising fees. At year end it held assets of $17.5m against liabilities of $4.9m, net assets of $12.6m. It reported 131 employees.