Twin Cities Rescue Mission Inc

Analysis

Twin Cities Rescue Mission Inc is a registered charity in United States, based in Marysville, CA. It received its IRS tax-exemption ruling in December 2022, 4 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, Twin Cities Rescue Mission Inc reported income of $110k and spending of $147k, spending 133% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $91k to $110k (+21%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 128% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Twin Cities Rescue Mission Inc sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Douglas Housing Alternatives Inc ($110k), Cherry Park ($110k) and H O P E Werner Housing Inc ($110k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $24k (16% of expenses). At year end it held assets of $147k against liabilities of $0, net assets of $147k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.