Charlotte Rescue Mission 
The information on this page was last updated 7/26/2024. If you see errors or omissions, please email: [email protected]
Summary
Charlotte Rescue Mission is a leader in providing free Christian-based residential recovery programs that help people struggling with the disease of addiction achieve long-term sobriety, find employment and stable housing, and restore and build healthy relationships.
Contact information
Mailing address:
Charlotte Rescue Mission
P.O. Box 33000
Charlotte, NC 28233
Website: charlotterescuemission.org
Phone: 704-333-4673
Email: [email protected]
Organization details
EIN: 560571223
CEO/President: Trina Fullard
Chairman: Tim Garrison
Board size: 11
Founder: Christian business people
Ruling year: 1951
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: No
Member of ECFA since:
Purpose
A world free of addiction.
Mission statement
Charlotte Rescue Mission serves those at the intersection of homelessness and addiction so they can achieve their God-given potential.
Statement of faith
Donor confidence score
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 623 of 1107 | 72 of 138 |
| Fund acquisition rating | | 317 of 1108 | 33 of 138 |
| Resource allocation rating | | 574 of 1108 | 67 of 138 |
| Asset utilization rating | | 871 of 1107 | 117 of 138 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 11% | 7% | 8% | 10% | 14% | 13% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 10% | 7% | 8% | 10% | 14% | 13% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 93% | 98% | 99% | 98% | 100% | 99% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 11% | 14% | 20% | 16% | 15% | 14% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 7% | 2% | 1% | 2% | 0% | 1% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 79% | 80% | 71% | 75% | 76% | 77% |
Spending ratio Spending ratio = Total expenses / Total revenue | 94% | 50% | 39% | 61% | 92% | 92% |
Program output ratio Program output ratio = Program services / Total revenue | 74% | 40% | 28% | 46% | 70% | 71% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 6% | 50% | 61% | 39% | 8% | 8% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | 22% | 45% | 29% | 5% | 5% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 6% | 9% | 9% | 8% | 9% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 0.21 | 0.28 | 0.42 | 0.51 | 0.51 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.92 | 2.67 | 1.56 | 1.98 | 2.92 | 4.05 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.77 | 0.56 | 0.44 | 0.83 | 1.50 | 2.06 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 12.15 | 1395.69 | 79.62 | 29.82 | 10.46 | 6.27 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.00 | 0.01 | 0.03 | 0.10 | 0.16 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.03 | 21.47 | 26.77 | 13.95 | 7.23 | 4.89 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 6% | 4% | 7% | 15% | 11% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 154% | 452% | 339% | 222% | 165% | 174% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $7,349,812 | $13,159,986 | $6,230,165 | $3,466,021 | $1,487,673 |
| Receivables, inventories, prepaids | $7,846,109 | $8,817,071 | $3,575,404 | $1,715,654 | $1,886,095 |
| Short-term investments | $2,862,867 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $18,058,788 | $21,977,057 | $9,805,569 | $5,181,675 | $3,373,768 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $28,153,476 | $11,891,385 | $9,235,399 | $9,572,326 | $10,124,878 |
| Other long-term assets | $2,010,713 | $391,347 | $360,647 | $385,647 | $161,844 |
| Total long-term assets | $30,164,189 | $12,282,732 | $9,596,046 | $9,957,973 | $10,286,722 |
| Total assets | $48,222,977 | $34,259,789 | $19,401,615 | $15,139,648 | $13,660,490 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $12,939 | $260,513 | $313,342 | $475,697 | $523,528 |
| Other current liabilities | $0 | $15,500 | $15,500 | $19,450 | $14,875 |
| Total current liabilities | $12,939 | $276,013 | $328,842 | $495,147 | $538,403 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $2,647,414 | $1,000,000 | $1,000,000 | $1,837,800 | $1,000,000 |
| Total long-term liabilities | $2,647,414 | $1,000,000 | $1,000,000 | $1,837,800 | $1,000,000 |
| Total liabilities | $2,660,353 | $1,276,013 | $1,328,842 | $2,332,947 | $1,538,403 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $38,388,633 | $18,093,933 | $12,634,234 | $11,852,618 | $11,155,200 |
| With donor restrictions | $7,173,991 | $14,889,843 | $5,438,539 | $954,083 | $966,887 |
| Net assets | $45,562,624 | $32,983,776 | $18,072,773 | $12,806,701 | $12,122,087 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $19,693,210 | $24,281,097 | $13,213,113 | $8,431,159 | $7,518,240 |
| Program service revenue | $258,206 | $144,044 | $90,559 | $79,311 | $99,471 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $18,309 | $19,005 | $3,796 | $8,209 | $16,472 |
| Other revenue | $93,484 | $194,935 | $112,847 | ($52,898) | ($36,817) |
| Total other revenue | $369,999 | $357,984 | $207,202 | $34,622 | $79,126 |
| Total revenue | $20,063,209 | $24,639,081 | $13,420,315 | $8,465,781 | $7,597,366 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $8,026,365 | $6,944,680 | $6,119,667 | $5,927,230 | $5,380,570 |
| Management and general | $610,989 | $839,733 | $758,568 | $657,867 | $597,930 |
| Fundraising | $1,447,572 | $1,943,664 | $1,276,008 | $1,196,070 | $982,123 |
| Total expenses | $10,084,926 | $9,728,077 | $8,154,243 | $7,781,167 | $6,960,623 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | $9,978,283 | $14,911,004 | $5,266,072 | $684,614 | $636,743 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $9,978,283 | $14,911,004 | $5,266,072 | $684,614 | $636,743 |
Compensation
| Name | Title | Compensation |
| Anthony Marciano II | President and CEO | $205,728 |
| Brian Bara | Chief Financial Officer | $110,048 |
Compensation data as of: 6/30/2023
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 7/26/2024. To update the information below, please email: [email protected]
History
Founded in 1938, the Charlotte Rescue Mission has a long history of reaching out to the homeless and those battling addictions. Over the years, the Mission has been located in several different uptown Charlotte buildings and had several different names, but our commitment to serving the homeless and sharing the gospel of Christ has never changed.
Many people who came to the Mission for help during those early years were struggling with addiction. In 1990, the Mission made a commitment to hire a Christian staff trained in professional substance abuse recovery services. With this, Charlotte Rescue Mission launched a 90-day residential program empowering individuals to move beyond cycles of homelessness and addiction to become productive citizens in the community. This program is known as Rebound and has helped thousands of men over the years.
Rebound served men struggling with addiction and homelessness, but despite a staggering community need, there was no similar program for women. In 1992, Charlotte Rescue Mission launched the Dove's Nest program. Like Rebound, Dove's Nest provides comprehensive addiction recovery services for women.
In 1995, Rebound's Recovery Residence opened its doors. The Recovery Residence provides opportunities for Rebound graduates to maintain long-term sobriety as they transition out of dependency on community programs and transition into self-sufficiency.
In 2008, the Dove's Nest Capital Campaign was launched to expand Dove's Nest's women's addiction recovery program from a 12-bed facility to a 120-bed facility. In addition, for the first time in its history, the Mission was now able to serve children as well as their mothers. The doors of this new facility opened in July 2012. In 2016, both the Rebound and Dove's Nest programs were expanded to a 120-day program.
In 2019, the Mission opened Community Matters Cafe, a full-service restaurant and coffee shop adjacent to the Rebound campus. Community Matters Cafe provides a four-month life skills training program that teaches Charlotte Rescue Mission recovery program graduates a variety of essential life and job skills that prepare them for successful transition back into the workplace. All profits from the restaurant are used to support the programs of Charlotte Rescue Mission.
In 2021, Charlotte Rescue Mission launched Recovery Living, a new program to provide transitional housing and support for up to two years after graduates complete the core 120-day program.
Program accomplishments
Needs
Needs include financial support, volunteers, clothing, food, and other items.