The Year End December 31, 2010 audited Financial Statements for the Phoenix Rescue Mission are summarized below. As indicated, the Mission’s major source of income was from individual contributions.
Public Support & Revenues |
||
|---|---|---|
| Contributions- Operations |
$6,698,592
|
|
| Contributions- Capital Camp. | 651,907 | |
| In-Kind | 4,071,677 | |
| Other Income | 40,584 | |
| TOTAL Public Support & Revenues |
$11,462,760
|
|
Expenses |
||
| Direct Operations |
$7,071,609
|
|
| In-Kind | 4,126,509 | |
| TOTAL Expenses |
$11,198,118
|
|
| Net Surplus |
$264,642
|
*The change in net assets from prior year is mainly due to contributions temporarily restricted for the new Changing Lives Center, which is currently under construction.
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