Charlotte Rescue Mission

The information on this page was last updated 4/28/2022. 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
PO Box 33000
Charlotte, NC 28233

Website: charlotterescuemission.org

Phone: 704-333-4673

Email: [email protected]


Organization details

EIN: 560571223

CEO/President: Rev. Anthony Marciano II

Chairman: Mr. Dave Osterhus

Board size: 13

Founder:

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

Show donor confidence score details

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating681 of 1033109 of 161
Fund acquisition rating527 of 103588 of 161
Resource allocation rating725 of 1035107 of 161
Asset utilization rating572 of 103399 of 161

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%10%14%13%14%15%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%10%14%13%14%15%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%98%100%99%99%98%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%16%15%14%15%15%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%2%0%1%1%2%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%75%76%77%76%76%
Spending ratio Spending ratio =
Total expenses /
Total revenue
87%61%92%92%91%95%
Program output ratio Program output ratio =
Program services /
Total revenue
69%46%70%71%69%72%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
13%39%8%8%9%5%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
11%29%5%5%6%3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%9%8%9%9%9%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.550.420.510.510.540.53
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.971.982.924.053.023.72
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.740.831.502.061.651.97
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.3029.8210.466.278.7512.23
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.030.100.160.110.08
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.7913.957.234.896.455.60
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%7%15%11%12%11%
Debt ratio Debt ratio =
Debt /
Total assets
2%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
150%222%165%174%162%169%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$6,230,165$3,466,021$1,487,673$3,323,447$2,891,714
Receivables, inventories, prepaids$3,575,404$1,715,654$1,886,095$939,695$331,140
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$9,805,569$5,181,675$3,373,768$4,263,142$3,222,854
Long-term investments$0$0$0$0$0
Fixed assets$9,235,399$9,572,326$10,124,878$8,444,904$8,560,650
Other long-term assets$360,647$385,647$161,844$186,844$211,844
Total long-term assets$9,596,046$9,957,973$10,286,722$8,631,748$8,772,494
Total assets$19,401,615$15,139,648$13,660,490$12,894,890$11,995,348
 
Liabilities20212020201920182017
Payables and accrued expenses$313,342$475,697$523,528$445,588$232,312
Other current liabilities$15,500$19,450$14,875$41,558$31,121
Total current liabilities$328,842$495,147$538,403$487,146$263,433
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,000,000$1,837,800$1,000,000$1,000,000$1,000,000
Total long-term liabilities$1,000,000$1,837,800$1,000,000$1,000,000$1,000,000
Total liabilities$1,328,842$2,332,947$1,538,403$1,487,146$1,263,433
 
Net assets20212020201920182017
Without donor restrictions$12,634,234$11,852,618$11,155,200$10,119,109$10,285,701
With donor restrictions$5,438,539$954,083$966,887$1,288,635$446,214
Net assets$18,072,773$12,806,701$12,122,087$11,407,744$10,731,915
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$13,213,113$8,431,159$7,518,240$7,635,765$6,525,088
Program service revenue$90,559$79,311$99,471$108,168$117,266
Membership dues$0$0$0$0$0
Investment income$3,796$8,209$16,472$12,260$29,345
Other revenue$112,847($52,898)($36,817)($31,029)($26,735)
Total other revenue$207,202$34,622$79,126$89,399$119,876
Total revenue$13,420,315$8,465,781$7,597,366$7,725,164$6,644,964
 
Expenses20212020201920182017
Program services$6,119,667$5,927,230$5,380,570$5,329,372$4,812,319
Management and general$758,568$657,867$597,930$607,971$553,122
Fundraising$1,276,008$1,196,070$982,123$1,086,992$980,214
Total expenses$8,154,243$7,781,167$6,960,623$7,024,335$6,345,655
 
Change in net assets20212020201920182017
Surplus (deficit)$5,266,072$684,614$636,743$700,829$299,309
Other changes in net assets$0$0$0$0$0
Total change in net assets$5,266,072$684,614$636,743$700,829$299,309

Compensation

NameTitleCompensation
Anthony Marciano IIPresident and CEO$177,695
Brian BaraChief Financial Officer$102,408

Compensation data as of: 6/30/2021


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 4/28/2022. 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.


Program accomplishments


Needs

Needs include financial support, volunteers, clothing, food, and other items.