Rescue Mission of El Paso Inc

Analysis

Rescue Mission of El Paso Inc is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in June 1958, 68 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 June 2023, Rescue Mission of El Paso Inc reported income of $3.6m and spending of $3.1m, spending 88% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $2.6m to $3.6m (+39%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rescue Mission of El Paso Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Lead4life Inc ($3.6m), Balance Inc ($3.6m) and Hello Neighbor ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $1.3m (42% of expenses). At year end it held assets of $14.2m against liabilities of $388k, net assets of $13.8m. It reported 75 employees.