Raleigh Rescue Mission 
The information on this page was last updated 10/27/2023. 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 27391
Raleigh, NC 27611
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
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 204 of 1104 | 28 of 140 |
| Fund acquisition rating | | 538 of 1105 | 70 of 140 |
| Resource allocation rating | | 294 of 1105 | 30 of 140 |
| Asset utilization rating | | 205 of 1104 | 27 of 140 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 11% | 11% | 8% | 9% | 7% | 17% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 10% | 11% | 7% | 8% | 6% | 15% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 93% | 98% | 84% | 90% | 87% | 89% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 11% | 10% | 8% | 9% | 6% | 15% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 7% | 2% | 16% | 10% | 13% | 11% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 79% | 83% | 84% | 84% | 87% | 78% |
Spending ratio Spending ratio = Total expenses / Total revenue | 90% | 109% | 82% | 93% | 112% | 102% |
Program output ratio Program output ratio = Program services / Total revenue | 71% | 91% | 69% | 78% | 98% | 80% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 10% | -9% | 18% | 7% | -12% | -2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | -9% | 21% | 10% | -17% | -2% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 7% | 7% | 7% | 7% | 7% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.52 | 1.04 | 0.91 | 1.04 | 1.49 | 1.28 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.80 | 2.29 | 2.15 | 2.42 | 4.31 | 3.32 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.69 | 2.38 | 1.95 | 2.51 | 6.43 | 4.24 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.05 | 6.18 | 7.37 | 6.53 | 4.79 | 5.62 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.16 | 0.14 | 0.15 | 0.21 | 0.18 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.30 | 4.22 | 5.32 | 4.05 | 1.48 | 2.33 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 7% | 6% | 17% | 5% | 5% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 10% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 157% | 89% | 103% | 80% | 64% | 74% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $1,626,835 | $2,234,193 | $1,654,561 | $675,242 | $523,470 |
| Receivables, inventories, prepaids | $417,522 | $255,331 | $345,583 | $184,428 | $573,730 |
| Short-term investments | $280,709 | $210,133 | $146,486 | $92,273 | $370,779 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $2,325,066 | $2,699,657 | $2,146,630 | $951,943 | $1,467,979 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $2,969,870 | $3,057,671 | $3,004,554 | $3,114,781 | $3,329,531 |
| Other long-term assets | $38,490 | $37,520 | $38,298 | $37,467 | $72,109 |
| Total long-term assets | $3,008,360 | $3,095,191 | $3,042,852 | $3,152,248 | $3,401,640 |
| Total assets | $5,333,426 | $5,794,848 | $5,189,482 | $4,104,191 | $4,869,619 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $376,486 | $366,186 | $328,864 | $198,586 | $261,007 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $376,486 | $366,186 | $328,864 | $198,586 | $261,007 |
| Debt | $0 | $0 | $532,900 | $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 | $0 | $532,900 | $0 | $0 |
| Total liabilities | $376,486 | $366,186 | $861,764 | $198,586 | $261,007 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $4,928,727 | $5,400,449 | $4,299,505 | $3,872,142 | $4,545,587 |
| With donor restrictions | $28,213 | $28,213 | $28,213 | $33,463 | $63,025 |
| Net assets | $4,956,940 | $5,428,662 | $4,327,718 | $3,905,605 | $4,608,612 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $4,964,916 | $5,356,387 | $5,245,391 | $4,715,005 | $5,456,091 |
| Program service revenue | $91,363 | $429,111 | $545,325 | $693,965 | $578,470 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $21,483 | $32,347 | $1,315 | $8,356 | $7,536 |
| Other revenue | $3,386 | $583,614 | $17,327 | $30,652 | $73,696 |
| Total other revenue | $116,232 | $1,045,072 | $563,967 | $732,973 | $659,702 |
| Total revenue | $5,081,148 | $6,401,459 | $5,809,358 | $5,447,978 | $6,115,793 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $4,625,511 | $4,428,922 | $4,543,929 | $5,324,223 | $4,877,196 |
| Management and general | $377,519 | $388,741 | $362,618 | $454,943 | $439,539 |
| Fundraising | $537,816 | $445,867 | $481,143 | $345,562 | $903,704 |
| Total expenses | $5,540,846 | $5,263,530 | $5,387,690 | $6,124,728 | $6,220,439 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | ($459,698) | $1,137,929 | $421,668 | ($676,750) | ($104,646) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($459,698) | $1,137,929 | $421,668 | ($676,750) | ($104,646) |
Compensation
| Name | Title | Compensation |
| John Luckett | President/CEO | $139,906 |
Compensation data as of: 8/31/2022
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 10/27/2023. 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.