Ruggles House Society

Analysis

Ruggles House Society is a registered charity in United States, based in Columbia FLS, ME. It received its IRS tax-exemption ruling in October 1950, 76 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Ruggles House Society reported income of $57k and spending of $45k, leaving 20% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $16k to $57k (+248%), an average of +36% a year. The sharpest change came in the year to June 2021, when income rose by 1015%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ruggles House Society sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 15th percentile within ME. Charities of a similar size with the same main cause include Honor Flight Cleveland ($57k), PTA Texas Congress ($57k) and PTA Alabama Congress ($57k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 51% of the total. Compensation of current officers, directors and key employees was $2,703 (6.0% of expenses). Other salaries and wages came to $2,653. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 3 employees.