Lima Rescue Mission

Analysis

Lima Rescue Mission is a registered charity in United States, based in Lima, OH. It received its IRS tax-exemption ruling in November 1952, 74 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lima Rescue Mission reported income of $666k and spending of $600k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $565k to $666k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2020, when income rose by 15%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lima Rescue Mission sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OH. Charities of a similar size with the same main cause include Two Rivers Council Foundation ($666k), Central Islip Civic Council Inc ($667k) and Texas Housing Association ($666k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.9% of the total. Other salaries and wages came to $297k. At year end it held assets of $1.3m against liabilities of $1,545, net assets of $1.3m. It reported 12 employees.