Is Rescue Mission Of Utica Inc Legit?

The Rescue Mission Of Utica Inc demonstrates consistent financial growth, with revenue increasing from $4,473,005 in 2014 to $8,726,578 in 2023. The organization generally operates with a surplus, as seen in 2023 where revenue of $8,726,578 exceeded expenses of $8,288,733. This indicates sound financial management and the ability to cover operational costs. The organization's assets have also shown a healthy upward trend, reaching $10,165,012 in 2023, suggesting a growing capacity to fulfill its mission. Spending efficiency appears strong, with a significant portion of expenses likely directed towards program services, given the consistent surpluses and growth. The absence of reported officer compensation across all available filings is a notable indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice enhances public trust and suggests a volunteer or very low-paid leadership structure. The consistent growth in revenue and assets, coupled with the lack of reported officer compensation, paints a picture of a financially healthy and transparent organization. The ability to maintain a surplus while expanding operations suggests effective resource allocation and a focus on program delivery. The organization's financial trajectory over the past decade indicates a stable and expanding operation.