Calvary Rescue Mission

Analysis

Calvary Rescue Mission is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in June 1970, 56 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Calvary Rescue Mission reported income of $1.2m and spending of $810k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.2m (-4.2%), an average of -1.1% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Calvary 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 81st percentile, and in the 83rd percentile within TN. Charities of a similar size with the same main cause include Iowa Womens Foundation ($1.2m), Bienville Council on Aging Inc ($1.2m) and Mountain Aging Partners Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $158k (20% of expenses). Other salaries and wages came to $79k. It paid $5,000 in professional fundraising fees. At year end it held assets of $6.5m against liabilities of $5,735, net assets of $6.5m. It reported 12 employees.