City Rescue Mission

Analysis

City Rescue Mission is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in October 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 June 2023, City Rescue Mission reported income of $7.4m and spending of $7.0m, spending 95% of its income. Across the 5 years on record, from September 2019 to June 2023, income grew from $5.5m to $7.4m (+35%), an average of +7.7% a year. The sharpest change came in the year to September 2022, when income rose by 18%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, City Rescue Mission sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Eight Days of Hope Inc ($7.3m), Ocean State Assisted Living ($7.4m) and Homeowners Rehab Inc ($7.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $212k (3.0% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $8.6m against liabilities of $1.7m, net assets of $6.9m. It reported 143 employees.