Las Vegas Rescue Mission

Analysis

Las Vegas Rescue Mission is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in October 1970, 56 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, Las Vegas Rescue Mission reported income of $6.3m and spending of $5.3m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $6.3m (+50%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 31%. 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, Las Vegas Rescue Mission sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within NV. Charities of a similar size with the same main cause include Daly City Peninsula Partnership Collaborative ($6.2m), Sunshine Place Inc ($6.3m) and Daybreak Inc ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $276k (5.2% of expenses). Other salaries and wages came to $1.5m. It paid $514k in professional fundraising fees. At year end it held assets of $11.2m against liabilities of $1.8m, net assets of $9.4m. It reported 63 employees.