Rockford Rescue Mission Ministries

Analysis

Rockford Rescue Mission Ministries is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in January 1966, 60 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Rockford Rescue Mission Ministries reported income of $7.3m and spending of $6.9m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $7.0m to $7.3m (+4.5%), an average of +1.1% a year. The sharpest change came in the year to September 2021, when income rose by 34%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rockford Rescue Mission Ministries 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 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Washington Global Public Charter School ($7.3m), California State University Dominguez Hills Philanthropic Foun ($7.3m) and Franklin Center ($7.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 112% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $672k (9.8% of expenses). Other salaries and wages came to $2.2m. It paid $600k in professional fundraising fees. At year end it held assets of $22.6m against liabilities of $306k, net assets of $22.2m. It reported 97 employees.