Altoona Rescue Mission Inc

Analysis

Altoona Rescue Mission Inc is a registered charity in United States, based in Altoona, PA. It received its IRS tax-exemption ruling in September 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Altoona Rescue Mission Inc reported income of $412k and spending of $266k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $73k to $412k (+466%), an average of +54% a year. The sharpest change came in the year to December 2021, when income rose by 152%. Over the whole period it spent 48% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Altoona Rescue Mission Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within PA. Charities of a similar size with the same main cause include Cape Verdean Community Unido ($412k), Plumline ($412k) and Montana Wounded Warriors Inc ($412k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 84% of the total. At year end it held assets of $908k against liabilities of $0, net assets of $908k.