Topeka Rescue Mission Inc

Analysis

Topeka Rescue Mission Inc is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in April 1956, 70 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, Topeka Rescue Mission Inc reported income of $3.7m and spending of $5.1m, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.5m to $3.7m (-32%), an average of -9.2% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. 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, Topeka Rescue Mission Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KS. Charities of a similar size with the same main cause include Arbor Ridge at Brookmeade Inc ($3.7m), Salt Lake Neighborhood Housing Services Inc ($3.7m) and Stockton Shelter for the Homeless ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $90k (1.7% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $10.3m against liabilities of $171k, net assets of $10.1m. It reported 120 employees.