Gospel Center Rescue Mission Inc

Analysis

Gospel Center Rescue Mission Inc is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in October 1954, 72 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, Gospel Center Rescue Mission Inc reported income of $4.0m and spending of $4.2m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $4.0m (+69%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 137%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gospel Center Rescue Mission Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Independent Housing I Inc ($4.0m), On Lok Community Housing Inc ($4.0m) and Bethlehem Inn ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $324k (7.7% of expenses). At year end it held assets of $15.0m against liabilities of $8.7m, net assets of $6.2m. It reported 56 employees.