Western Carolina Rescue Ministries, Inc

The information on this page was last updated 1/5/2022. If you see errors or omissions, please email: [email protected]


Summary

Our Mission is simple: Rescue, Recovery & Restoration in Jesus' name! We provide food & shelter, a substance abuse recovery program, and job skills training. While we serve our clients regardless of their beliefs, we are motivated by the teachings of Jesus Christ. Currently our Rescue services for men, women and children include providing meals, food boxes, overnight shelter, showers and clothing. We provide restoration services for men and women that include life counseling, job training and assistance with transitional services. Formal on site programs include Success Academy for men and women, Joshua Plan for men, Abba's Love for women, and Abba's House for addicted mothers and their babies.


Contact information

Mailing address:
Western Carolina Rescue Ministries, Inc
225 Patton Avenue
PO Box 909
Asheville, NC 28801

Website: westerncarolinarescue.org

Phone: 828-254-0471

Email: [email protected]


Organization details

EIN: 561249407

CEO/President: Rev. Micheal Anthony Woods

Chairman: Robby Russell

Board size: 8

Founder:

Ruling year: 1980

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2011


Purpose

The purpose of Western Carolina Rescue Ministries is to be a lighthouse that shines Jesus' love to all people. Our belief is that God has so much more for the men, women and children of Western North Carolina struggling with poverty, homelessness and addiction. We are called to help bring stability to the chaos of these wounded lives and help them discover the plans and potential that God has placed in them.


Mission statement

Western Carolina Rescue Ministries (WCRM) exists to serve the homeless, poor and addicted populations of western North Carolina. As a non-denominational ministry, we meet people in crisis, focus on helping them at the point of their need, invest in their future, and help them until they can move forward.


Statement of faith

Donor confidence score

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating733 of 1033112 of 161
Fund acquisition rating577 of 103597 of 161
Resource allocation rating713 of 1035104 of 161
Asset utilization rating618 of 1033106 of 161

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%10%17%18%22%18%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%9%13%14%16%14%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%90%76%76%73%77%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%14%14%14%17%17%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%10%24%24%27%23%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%76%77%79%77%77%
Spending ratio Spending ratio =
Total expenses /
Total revenue
87%67%96%96%95%81%
Program output ratio Program output ratio =
Program services /
Total revenue
69%51%74%75%73%62%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
13%33%4%4%5%19%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
11%32%5%5%5%24%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%10%9%7%7%7%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.550.440.710.710.600.59
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.972.9512.6211.0710.615.08
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.741.298.917.906.423.00
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.3065.465.441.771.183.60
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.020.180.570.850.28
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.799.161.100.660.292.89
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%33%37%41%43%45%
Debt ratio Debt ratio =
Debt /
Total assets
2%33%35%36%35%39%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
150%153%90%82%95%93%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$1,653,339$246,074$289,771$371,302$278,106
Receivables, inventories, prepaids$36,239$39,996$44,632$11,848$510,492
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,689,578$286,070$334,403$383,150$788,598
Long-term investments$0$0$0$0$0
Fixed assets$3,243,448$3,323,510$3,367,113$2,748,875$2,837,731
Other long-term assets$55,828$0$0$933,043$381,435
Total long-term assets$3,299,276$3,323,510$3,367,113$3,681,918$3,219,166
Total assets$4,988,854$3,609,580$3,701,516$4,065,068$4,007,764
 
Liabilities20202019201820172016
Payables and accrued expenses$25,812$52,569$188,938$324,347$218,933
Other current liabilities$0$0$0$0$0
Total current liabilities$25,812$52,569$188,938$324,347$218,933
Debt$1,627,671$1,274,797$1,346,848$1,411,001$1,577,405
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$1,627,671$1,274,797$1,346,848$1,411,001$1,577,405
Total liabilities$1,653,483$1,327,366$1,535,786$1,735,348$1,796,338
 
Net assets20202019201820172016
Without donor restrictions$2,987,754$2,227,977$2,103,207$2,183,149$1,672,316
With donor restrictions$347,617$54,237$62,523$146,571$539,110
Net assets$3,335,371$2,282,214$2,165,730$2,329,720$2,211,426
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$2,907,419$2,030,427$2,090,979$1,884,341$2,233,442
Program service revenue$277,702$609,877$631,775$658,721$657,293
Membership dues$0$0$0$0$0
Investment income$0$0$0$0$0
Other revenue$47,035$25,721$37,531$33,372$17,254
Total other revenue$324,737$635,598$669,306$692,093$674,547
Total revenue$3,232,156$2,666,025$2,760,285$2,576,434$2,907,989
 
Expenses20202019201820172016
Program services$1,654,113$1,974,789$2,079,443$1,885,037$1,815,647
Management and general$219,632$226,243$183,893$164,345$160,335
Fundraising$305,254$348,509$379,324$408,758$393,316
Total expenses$2,178,999$2,549,541$2,642,660$2,458,140$2,369,298
 
Change in net assets20202019201820172016
Surplus (deficit)$1,053,157$116,484$117,625$118,294$538,691
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,053,157$116,484$117,625$118,294$538,691

Compensation

Compensation data for this ministry has not been collected.


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 1/5/2022. To update the information below, please email: [email protected]


History

Western Carolina Rescue Mission has served our community faithfully since March of 1981. For over thirty-five years, we have seen God move mightily in the lives of the men and women we serve. Some women and men come in for food and shelter, while others benefit from our one-year residential recovery program which offers freedom from the chains of addiction.


Program accomplishments


Needs