FINANCIALS

The Year End December 31, 2008 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		$7,987,867
Donated Goods		3,818,565
Program Service Fees		57,784
Other Income		85,099
TOTAL Public Support & Revenues		$11,949,315
Expenses
Program Services		$7,701,879
Development & Fundraising		2,145,228
Management & General		739,998
TOTAL Expenses		$10,587,105
Net Assets, End of Year		$9,334,601

*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.

Click here to view the 2008 Form 990 for Phoenix Rescue Mission.