Gulf Coast Rescue Mission

Analysis

Gulf Coast Rescue Mission is a registered charity in United States, based in Biloxi, MS. It received its IRS tax-exemption ruling in January 1969, 57 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 December 2023, Gulf Coast Rescue Mission reported income of $151k and spending of $139k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $224k to $151k (-33%), an average of -9.4% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gulf Coast Rescue Mission sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within MS. Charities of a similar size with the same main cause include Vermont Kin As Parents ($151k), Adoption Support Alliance ($151k) and New York State Adult Day Services Association Inc ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $72k against liabilities of $534, net assets of $71k.