Rescue Mission of Mahoning Valley

Analysis

Rescue Mission of Mahoning Valley is a registered charity in United States, based in Youngstown, OH. It received its IRS tax-exemption ruling in April 1962, 64 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Rescue Mission of Mahoning Valley reported income of $4.4m and spending of $3.5m, spending 80% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.0m to $4.4m (+9.5%), an average of +2.3% a year. The sharpest change came in the year to September 2021, when income rose by 18%. Over the whole period it spent 64% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rescue Mission of Mahoning Valley sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Casa Farnese Inc ($4.4m), Hunters Woods Elderly Developments of Virginia Inc ($4.4m) and Stonehaven Student Housing Inc ($4.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $81k (2.3% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $11.4m against liabilities of $110k, net assets of $11.3m. It reported 50 employees.