Charlotte Rescue Mission

The information on this page was last updated 3/14/2023. 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: Rev. Anthony Marciano II

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

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 rating677 of 109282 of 144
Fund acquisition rating365 of 109551 of 144
Resource allocation rating794 of 109594 of 144
Asset utilization rating690 of 109294 of 144

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
11%8%10%14%13%14%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
9%8%10%14%13%14%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%99%98%100%99%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
11%20%16%15%14%15%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%1%2%0%1%1%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%71%75%76%77%76%
Spending ratio Spending ratio =
Total expenses /
Total revenue
86%39%61%92%92%91%
Program output ratio Program output ratio =
Program services /
Total revenue
68%28%46%70%71%69%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
14%61%39%8%8%9%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
9%45%29%5%5%6%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%9%9%8%9%9%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.280.420.510.510.54
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.611.561.982.924.053.02
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.620.440.831.502.061.65
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.1379.6229.8210.466.278.75
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.010.030.100.160.11
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.8526.7713.957.234.896.45
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
7%4%7%15%11%12%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
167%339%222%165%174%162%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$13,159,986$6,230,165$3,466,021$1,487,673$3,323,447
Receivables, inventories, prepaids$8,817,071$3,575,404$1,715,654$1,886,095$939,695
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$21,977,057$9,805,569$5,181,675$3,373,768$4,263,142
Long-term investments$0$0$0$0$0
Fixed assets$11,891,385$9,235,399$9,572,326$10,124,878$8,444,904
Other long-term assets$391,347$360,647$385,647$161,844$186,844
Total long-term assets$12,282,732$9,596,046$9,957,973$10,286,722$8,631,748
Total assets$34,259,789$19,401,615$15,139,648$13,660,490$12,894,890
 
Liabilities20222021202020192018
Payables and accrued expenses$260,513$313,342$475,697$523,528$445,588
Other current liabilities$15,500$15,500$19,450$14,875$41,558
Total current liabilities$276,013$328,842$495,147$538,403$487,146
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,000,000$1,000,000$1,837,800$1,000,000$1,000,000
Total long-term liabilities$1,000,000$1,000,000$1,837,800$1,000,000$1,000,000
Total liabilities$1,276,013$1,328,842$2,332,947$1,538,403$1,487,146
 
Net assets20222021202020192018
Without donor restrictions$18,093,933$12,634,234$11,852,618$11,155,200$10,119,109
With donor restrictions$14,889,843$5,438,539$954,083$966,887$1,288,635
Net assets$32,983,776$18,072,773$12,806,701$12,122,087$11,407,744
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$24,281,097$13,213,113$8,431,159$7,518,240$7,635,765
Program service revenue$144,044$90,559$79,311$99,471$108,168
Membership dues$0$0$0$0$0
Investment income$19,005$3,796$8,209$16,472$12,260
Other revenue$194,935$112,847($52,898)($36,817)($31,029)
Total other revenue$357,984$207,202$34,622$79,126$89,399
Total revenue$24,639,081$13,420,315$8,465,781$7,597,366$7,725,164
 
Expenses20222021202020192018
Program services$6,944,680$6,119,667$5,927,230$5,380,570$5,329,372
Management and general$839,733$758,568$657,867$597,930$607,971
Fundraising$1,943,664$1,276,008$1,196,070$982,123$1,086,992
Total expenses$9,728,077$8,154,243$7,781,167$6,960,623$7,024,335
 
Change in net assets20222021202020192018
Surplus (deficit)$14,911,004$5,266,072$684,614$636,743$700,829
Other changes in net assets$0$0$0$0$0
Total change in net assets$14,911,004$5,266,072$684,614$636,743$700,829

Compensation

NameTitleCompensation
Anthony Marciano IIPresident and CEO$209,466
Brian BaraChief Financial Officer$102,025

Compensation data as of: 6/30/2022


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 3/14/2023. 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.