Raleigh Rescue Mission

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/28/2020. To update the information in this column, please email: info@ministrywatch.com


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
P. O. Box 27391
Raleigh, NC 27611-7611

Website: www.raleighrescue.org

Phone: (919) 828-9014

Email: stevem@raleighrescue.org


Organization details

EIN: 566024168

CEO/President: John Luckett

Chairman: Harvey Jay Easterling

Board size: 8

Founder:

Year founded: 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

Through the love of Jesus Christ, Raleigh Rescue Mission transforms lives of men, women and children experiencing homelessness by ministering to their physical, emotional and spiritual needs.


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating56 of 81714 of 150
Fund acquisition rating287 of 81750 of 150
Resource allocation rating80 of 81721 of 150
Asset utilization rating84 of 81716 of 150

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%7%17%17%18%16%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%6%15%15%16%16%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%87%89%89%89%96%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%6%15%15%16%16%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%13%11%11%11%4%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%87%78%79%78%76%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%112%102%100%100%100%
Program output ratio Program output ratio =
Program services /
Total revenue
76%98%80%79%78%77%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%-12%-2%0%0%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-17%-2%0%0%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%7%7%6%6%8%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.621.491.281.371.221.05
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.904.313.323.513.564.03
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.496.434.244.794.354.22
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.924.795.626.804.624.75
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.210.180.150.220.21
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.131.482.332.142.162.24
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%5%5%4%6%5%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
143%64%74%70%77%90%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$675,242$523,470$621,016$794,260$556,061
Receivables, inventories, prepaids$184,428$573,730$402,054$226,378$303,882
Short-term investments$92,273$370,779$378,930$387,361$367,880
Other current assets$0$0$0$0$0
Total current assets$951,943$1,467,979$1,402,000$1,407,999$1,227,823
Long-term investments$0$0$0$0$0
Fixed assets$3,114,781$3,329,531$3,449,059$3,536,210$3,682,825
Other long-term assets$37,467$72,109$67,541$63,538$34,506
Total long-term assets$3,152,248$3,401,640$3,516,600$3,599,748$3,717,331
Total assets$4,104,191$4,869,619$4,918,600$5,007,747$4,945,154
 
Liabilities20192018201720162015
Payables and accrued expenses$198,586$261,007$206,062$304,986$258,694
Other current liabilities$0$0$0$0$0
Total current liabilities$198,586$261,007$206,062$304,986$258,694
Debt$0$0$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$0$0$0$0
Total liabilities$198,586$261,007$206,062$304,986$258,694
 
Net assets20192018201720162015
Unrestricted$3,872,142$4,545,587$4,672,712$4,662,935$4,678,960
Temporarily restricted$33,463$30,699$7,500$7,500$7,500
Permanently restricted$0$32,326$32,326$32,326$0
Net assets$3,905,605$4,608,612$4,712,538$4,702,761$4,686,460
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$4,715,005$5,456,091$5,971,013$5,488,949$4,947,076
Program service revenue$693,965$578,470$666,738$576,545$140,229
Membership dues$0$0$0$0$0
Investment income$8,356$7,536$7,103($608)$8,167
Other revenue$30,652$73,696$81,489$70,468$75,098
Total other revenue$732,973$659,702$755,330$646,405$223,494
Total revenue$5,447,978$6,115,793$6,726,343$6,135,354$5,170,570
 
Expenses20192018201720162015
Program services$5,324,223$4,877,196$5,299,522$4,780,912$3,957,701
Management and general$454,943$439,539$399,364$379,795$413,957
Fundraising$345,562$903,704$1,020,244$963,188$809,697
Total expenses$6,124,728$6,220,439$6,719,130$6,123,895$5,181,355
 
Change in net assets20192018201720162015
Surplus (deficit)($676,750)($104,646)$7,213$11,459($10,785)
Other changes in net assets$0$0$0$0$0
Total change in net assets($676,750)($104,646)$7,213$11,459($10,785)

Compensation

NameTitleCompensation
John LuckettPresident/CEO$133,000

Compensation data as of: 8/31/2019


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 12/28/2020. To update the information below, please email: info@ministrywatch.com


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