Valley Rescue Mission Inc

Analysis

Valley Rescue Mission Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in January 1964, 62 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 June 2023, Valley Rescue Mission Inc reported income of $5.3m and spending of $4.7m, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.6m to $5.3m (+48%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Valley Rescue Mission Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within GA. Charities of a similar size with the same main cause include Cultivate Initiatives ($5.3m), Neighborhood Housing Services of Green Bay Inc ($5.3m) and Back Bay Mission ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $137k (2.9% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $11.8m against liabilities of $933k, net assets of $10.9m. It reported 119 employees.