Charities | Charitable tax deductions are no longer a certainty, and a nonprofit coalition gets ready to fight the change
by J.C. Derrick
Posted 8/09/13, 01:00 am
WASHINGTON, D.C.—City Rescue Mission serves a homeless population in Saginaw, Mich., a midsized town 100 miles northwest of Detroit. Founded in 1905, the mission helped a record number of people last year—more than 1,900—with food, clothing, housing, and the hope of the gospel.
But record numbers don’t mean record revenue: City Rescue Mission is running its three facilities at 2007 budget levels—despite a 37 percent client increase since then. Sixty percent of that revenue comes from individual private donors.