Good News Rescue Mission

Analysis

Good News Rescue Mission is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in February 1968, 58 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Good News Rescue Mission reported income of $3.8m and spending of $4.1m, spending 108% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income grew from $3.8m to $3.8m (+1.2%), an average of +0.4% a year. The sharpest change came in the year to May 2023, when income dropped by 33%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Good News Rescue Mission sits at the 89th 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 91st percentile within CA. Charities of a similar size with the same main cause include Healing House Inc ($3.8m), Spectrum Human Services Inc ($3.8m) and Arcadia Home Health Services ($3.8m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $93k (2.3% of expenses). Other salaries and wages came to $1.1m. It paid $285k in professional fundraising fees. At year end it held assets of $7.7m against liabilities of $2.7m, net assets of $5.0m. It reported 43 employees.