Garden City Rescue Mission and Life Development Center Inc

Analysis

Garden City Rescue Mission and Life Development Center Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in July 2004, 22 years ago. 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, Garden City Rescue Mission and Life Development Center Inc reported income of $689k and spending of $123k, leaving 82% of income unspent that year. Across the 2 years on record, from July 2023 to December 2023, income grew from $313k to $689k (+120%), an average of +120% a year. The sharpest change came in the year to December 2023, when income rose by 120%. Over the whole period it spent 32% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Garden City Rescue Mission and Life Development Center Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 78th percentile within GA. Charities of a similar size with the same main cause include Ormond Memorial Art Museum Inc ($689k), Moorpark College Foundation ($689k) and Tarrytown Volunteer Ambulance Corps ($688k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.0% of the total. Other salaries and wages came to $35k. At year end it held assets of $719k against liabilities of $2,155, net assets of $716k. It reported 5 employees.