Raleigh Rescue Mission

The information on this page was last updated 11/8/2022. If you see errors or omissions, please email: [email protected]


Summary

Raleigh Rescue Mission is a Christian organization that helps rebuild the broken lives of homeless men, women and children in our community by ministering to their physical, emotional and spiritual needs. Raleigh Rescue Mission has brought the hope of Jesus Christ to the homeless and hurting in our community.

While at the Mission, our clients receive safe shelter, nourishing meals, counseling, medical care in our on-site medical clinic, substance abuse recovery services, educational, vocational and life skill classes in our on-site Adult Learning Center and childcare in our on-site, licensed preschool center to help them on their journey to recovery. At Raleigh Rescue Mission, lives are changed and hope restored.


Contact information

Mailing address:
Raleigh Rescue Mission
PO Box 58634
Raleigh, NC 27658

Website: www.raleighrescue.org

Phone: (919) 828-9014

Email: [email protected]


Organization details

EIN: 566024168

CEO/President: John Luckett

Chairman: Harvey Jay Easterling

Board size: 9

Founder:

Ruling year: 1962

Tax deductible: Yes

Fiscal year end: 08/31

Member of ECFA: Yes

Member of ECFA since: 1986


Purpose

Our Vision is to realize transformed lives and a transformed community through Christ. We are a place with a long-term purpose. We are a place with a steadfast strategy to break the cycle of poverty and empower people to rebuild their lives. We are here for those who need a second chance.


Mission statement

Believing every individual has sacred value, we equip people to impact the world for good through the love of Jesus Christ.


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating181 of 102232 of 155
Fund acquisition rating427 of 102569 of 155
Resource allocation rating293 of 102547 of 155
Asset utilization rating230 of 102234 of 155

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%8%9%7%17%17%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%7%8%6%15%15%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%84%90%87%89%89%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%8%9%6%15%15%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%16%10%13%11%11%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%84%84%87%78%79%
Spending ratio Spending ratio =
Total expenses /
Total revenue
85%82%93%112%102%100%
Program output ratio Program output ratio =
Program services /
Total revenue
67%69%78%98%80%79%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
15%18%7%-12%-2%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
12%21%10%-17%-2%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%7%7%7%7%6%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.530.911.041.491.281.37
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.922.152.424.313.323.51
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.621.952.516.434.244.79
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.197.376.534.795.626.80
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.140.150.210.180.15
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.105.324.051.482.332.14
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%6%17%5%5%4%
Debt ratio Debt ratio =
Debt /
Total assets
1%0%10%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
155%103%80%64%74%70%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$2,234,193$1,654,561$675,242$523,470$621,016
Receivables, inventories, prepaids$255,331$345,583$184,428$573,730$402,054
Short-term investments$210,133$146,486$92,273$370,779$378,930
Other current assets$0$0$0$0$0
Total current assets$2,699,657$2,146,630$951,943$1,467,979$1,402,000
Long-term investments$0$0$0$0$0
Fixed assets$3,057,671$3,004,554$3,114,781$3,329,531$3,449,059
Other long-term assets$37,520$38,298$37,467$72,109$67,541
Total long-term assets$3,095,191$3,042,852$3,152,248$3,401,640$3,516,600
Total assets$5,794,848$5,189,482$4,104,191$4,869,619$4,918,600
 
Liabilities20212020201920182017
Payables and accrued expenses$366,186$328,864$198,586$261,007$206,062
Other current liabilities$0$0$0$0$0
Total current liabilities$366,186$328,864$198,586$261,007$206,062
Debt$0$532,900$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$532,900$0$0$0
Total liabilities$366,186$861,764$198,586$261,007$206,062
 
Net assets20212020201920182017
Without donor restrictions$5,400,449$4,299,505$3,872,142$4,545,587$4,672,712
With donor restrictions$28,213$28,213$33,463$63,025$39,826
Net assets$5,428,662$4,327,718$3,905,605$4,608,612$4,712,538
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$5,356,387$5,245,391$4,715,005$5,456,091$5,971,013
Program service revenue$429,111$545,325$693,965$578,470$666,738
Membership dues$0$0$0$0$0
Investment income$32,347$1,315$8,356$7,536$7,103
Other revenue$583,614$17,327$30,652$73,696$81,489
Total other revenue$1,045,072$563,967$732,973$659,702$755,330
Total revenue$6,401,459$5,809,358$5,447,978$6,115,793$6,726,343
 
Expenses20212020201920182017
Program services$4,428,922$4,543,929$5,324,223$4,877,196$5,299,522
Management and general$388,741$362,618$454,943$439,539$399,364
Fundraising$445,867$481,143$345,562$903,704$1,020,244
Total expenses$5,263,530$5,387,690$6,124,728$6,220,439$6,719,130
 
Change in net assets20212020201920182017
Surplus (deficit)$1,137,929$421,668($676,750)($104,646)$7,213
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,137,929$421,668($676,750)($104,646)$7,213

Compensation

NameTitleCompensation
John LuckettPresident/CEO$133,000

Compensation data as of: 8/31/2020


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 11/8/2022. To update the information below, please email: [email protected]


History

We've been here for almost 60 years offering hope and help to individuals who find themselves homeless and hurting. We've been here, we're still here, and we will stay here. We've seen the City of Raleigh undergo significant growth, bringing prosperity for many - but not for all. Alongside the progress there are those who suffer from homelessness brought about by trauma, domestic violence, family tragedy, job loss, addiction, or health issues, just to name a few. These are the people we serve.


Program accomplishments

More than 750,000 men, women, and children have stepped through our doors, found shelter under our roof, and found the love of Christ in action.


Needs