Allentown Rescue Mission Inc
Analysis
Allentown Rescue Mission Inc is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in October 1959, 67 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Allentown Rescue Mission Inc reported income of $4.2m and spending of $3.3m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $4.2m (+9.2%), an average of +2.2% a year. The sharpest change came in the year to June 2020, when income dropped by 33%. Over the whole period it spent 90% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Allentown Rescue Mission Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include Valley Community Development Corporation ($4.2m), Cabrillo Economic Development Corp ($4.2m) and Sunset Park Redevelopment Committee Inc ($4.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $251k (7.6% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.7m against liabilities of $342k, net assets of $3.3m. It reported 105 employees.
Income and spending
Where the income comes from
- Contributions & grants 76%
- Program services 24%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Valley Community Development Corporation | Northampton | $4.2m |
| Cabrillo Economic Development Corp | Ventura | $4.2m |
| Sunset Park Redevelopment Committee Inc | Brooklyn | $4.2m |
| Friendship Village Charitable TR | Waterloo | $4.2m |