Charlotte Rescue Mission

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/14/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

For 80 years, Charlotte Rescue Mission has been helping men and women break the cycle of addiction & homelessness.


Contact information

Mailing address:
Charlotte Rescue Mission
PO Box 33000
Charlotte, NC 28233

Website: charlotterescuemission.org

Phone: 7043334673

Email: inquiries@charlotterescuemission.org


Organization details

EIN: 560571223

CEO/President: Rev. Anthony Marciano II

Chairman: Mr. Mike Metcalf and Mr. Dave Osterhus

Board size: 11

Founder:

Year founded: 1951

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

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.


Mission statement

Charlotte Rescue Mission is transforming lives in the name of Jesus Christ by serving people impacted by addiction to equip them to thrive in the community.


Statement of faith

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating668 of 913123 of 160
Fund acquisition rating642 of 915117 of 160
Resource allocation rating629 of 915109 of 160
Asset utilization rating440 of 91391 of 160

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%14%13%14%15%16%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
9%14%13%14%15%16%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%100%99%99%98%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%15%14%15%15%16%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%0%1%1%2%1%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%76%77%76%76%76%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%92%92%91%95%98%
Program output ratio Program output ratio =
Program services /
Total revenue
76%70%71%69%72%74%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%8%8%9%5%2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%5%5%6%3%1%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%8%9%9%9%8%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.580.510.510.540.530.51
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.762.924.053.023.724.28
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.261.502.061.651.972.19
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.1910.466.278.7512.239.83
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.100.160.110.080.10
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.457.234.896.455.604.93
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%15%11%12%11%11%
Debt ratio Debt ratio =
Debt /
Total assets
1%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%165%174%162%169%174%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$3,466,021$1,487,673$3,323,447$2,891,714$2,286,219
Receivables, inventories, prepaids$1,715,654$1,886,095$939,695$331,140$463,375
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$5,181,675$3,373,768$4,263,142$3,222,854$2,749,594
Long-term investments$0$0$0$0$0
Fixed assets$9,572,326$10,124,878$8,444,904$8,560,650$8,772,999
Other long-term assets$385,647$161,844$186,844$211,844$239,638
Total long-term assets$9,957,973$10,286,722$8,631,748$8,772,494$9,012,637
Total assets$15,139,648$13,660,490$12,894,890$11,995,348$11,762,231
 
Liabilities20202019201820172016
Payables and accrued expenses$475,697$523,528$445,588$232,312$267,874
Other current liabilities$19,450$14,875$41,558$31,121$11,750
Total current liabilities$495,147$538,403$487,146$263,433$279,624
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,837,800$1,000,000$1,000,000$1,000,000$1,000,000
Total long-term liabilities$1,837,800$1,000,000$1,000,000$1,000,000$1,000,000
Total liabilities$2,332,947$1,538,403$1,487,146$1,263,433$1,279,624
 
Net assets20202019201820172016
Without donor restrictions$11,852,618$11,155,200$10,119,109$10,285,701$9,725,039
With donor restrictions$954,083$966,887$1,288,635$446,214$757,568
Net assets$12,806,701$12,122,087$11,407,744$10,731,915$10,482,607
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$8,431,159$7,518,240$7,635,765$6,525,088$6,103,220
Program service revenue$79,311$99,471$108,168$117,266$86,874
Membership dues$0$0$0$0$0
Investment income$8,209$16,472$12,260$29,345($15,011)
Other revenue($52,898)($36,817)($31,029)($26,735)($30,649)
Total other revenue$34,622$79,126$89,399$119,876$41,214
Total revenue$8,465,781$7,597,366$7,725,164$6,644,964$6,144,434
 
Expenses20202019201820172016
Program services$5,927,230$5,380,570$5,329,372$4,812,319$4,548,120
Management and general$657,867$597,930$607,971$553,122$489,325
Fundraising$1,196,070$982,123$1,086,992$980,214$976,123
Total expenses$7,781,167$6,960,623$7,024,335$6,345,655$6,013,568
 
Change in net assets20202019201820172016
Surplus (deficit)$684,614$636,743$700,829$299,309$130,866
Other changes in net assets$0$0$0$0$0
Total change in net assets$684,614$636,743$700,829$299,309$130,866

Compensation

NameTitleCompensation
Anthony Marciano IIPresident and CEO$173,724
Brian BaraChief Financial Officer$95,073

Compensation data as of: 6/30/2020


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 12/14/2020. To update the information below, please email: info@ministrywatch.com


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.