Northlands Rescue Mission Inc

Analysis

Northlands Rescue Mission Inc is a registered charity in United States, based in Grand Forks, ND. It received its IRS tax-exemption ruling in November 1956, 70 years ago. 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 June 2023, Northlands Rescue Mission Inc reported income of $2.2m and spending of $2.1m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.3m to $2.2m (-6.5%), an average of -1.7% a year. The sharpest change came in the year to June 2020, when income dropped by 27%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northlands Rescue Mission Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within ND. Charities of a similar size with the same main cause include Van Cliburn Trust Fund ($2.2m), International Union of Operating Engineers Local 68 Education Fund ($2.2m) and Evjue Foundation Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $84k (3.9% of expenses). Other salaries and wages came to $804k. At year end it held assets of $2.7m against liabilities of $77k, net assets of $2.6m. It reported 43 employees.