Chattanooga Rescue Mission

Analysis

Chattanooga Rescue Mission is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in September 1982, 44 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, Chattanooga Rescue Mission reported income of $1.4m and spending of $1.2m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.4m (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 79% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Chattanooga Rescue Mission sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within TN. Charities of a similar size with the same main cause include The National Energy and Utility Affordability Coalition ($1.4m), Hope Harbor ($1.4m) and Housing Opportunities Made Equal of Greater Cincinnati Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $81k (6.5% of expenses). Other salaries and wages came to $567k. It paid $150k in professional fundraising fees. At year end it held assets of $3.6m against liabilities of $19k, net assets of $3.6m. It reported 24 employees.