Shreveport-Bossier Rescue Mission

Analysis

Shreveport-Bossier Rescue Mission is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in December 1969, 57 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2024, Shreveport-Bossier Rescue Mission reported income of $2.1m and spending of $2.0m, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.0m to $2.1m (+2.7%), an average of +0.5% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Shreveport-Bossier Rescue Mission sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within LA. Charities of a similar size with the same main cause include Eden Development Inc ($2.1m), Community Preservation and Development Corporation ($2.1m) and Springvale Terrace Inc ($2.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $104k (5.1% of expenses). It paid $311k in professional fundraising fees. At year end it held assets of $6.8m against liabilities of $494k, net assets of $6.3m. It reported 23 employees.