Ruths Room Inc

Analysis

Ruths Room Inc is a registered charity in United States, based in Denton, TX. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ruths Room Inc reported income of $538k and spending of $496k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $359k to $538k (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ruths Room Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Elca Outreach Center Inc ($538k), Inn Home for Boys ($538k) and Houston County Council on Aging Inc ($538k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Other salaries and wages came to $162k. At year end it held assets of $1.1m against liabilities of $623k, net assets of $519k. It reported 6 employees.