Kitsap Rescue Mission

Analysis

Kitsap Rescue Mission is a registered charity in United States, based in Port Orchard, WA. It received its IRS tax-exemption ruling in September 2009, 17 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 December 2023, Kitsap Rescue Mission reported income of $1.8m and spending of $1.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $900k to $1.8m (+103%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 112%. Over the whole period it spent 79% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kitsap Rescue Mission sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within WA. Charities of a similar size with the same main cause include Coordinated Living of Southern Nevada Inc ($1.8m), Jonas Bronck Housing Company Inc ($1.8m) and Greenville Re-Development Coproration ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $102k (5.5% of expenses). Other salaries and wages came to $858k. At year end it held assets of $3.0m against liabilities of $837k, net assets of $2.2m. It reported 23 employees.