Ruths Way Inc

Analysis

Ruths Way Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Ruths Way Inc reported income of $87k and spending of $207k, spending 238% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income fell from $103k to $87k (-16%), an average of -8.4% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 123% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ruths Way Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within PA. Charities of a similar size with the same main cause include Paths to Wholeness ($87k), Choctaw-Apache Community of Ebarb Inc ($87k) and Star St Louis Avian Rescue Inc ($87k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 97% and program service revenue 2.5% of the total. At year end it held assets of $117k against liabilities of $164k, net assets of -$47k.