Frederick B Rutter Memorial Inc

Analysis

Frederick B Rutter Memorial Inc is a registered charity in United States, based in New Hartford, NY. It received its IRS tax-exemption ruling in January 1957, 69 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Frederick B Rutter Memorial Inc reported income of $74k and spending of $104k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $61k to $74k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2023, when income rose by 649%. Over the whole period it spent 162% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Frederick B Rutter Memorial Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Yes Youth Empowerment Services ($74k), Kansas One Shot Turkey Hunt Inc ($74k) and Street Children International ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $873k against liabilities of $12k, net assets of $861k.