Rays House Inc

Analysis

Rays House Inc is a registered charity in United States, based in Muskogee, OK. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Rays House Inc reported income of $375k and spending of $377k, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $334k to $375k (+12%), an average of +3.9% a year. The sharpest change came in the year to December 2022, when income rose by 121%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rays House Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within OK. Charities of a similar size with the same main cause include Operation Gateway Inc ($374k), Ambassadors for Community Health - Auxiliary of St Davids Medical Cen ($375k) and Stephys Place a New Life Support Center for Grief & Loss ($374k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $14k (3.8% of expenses). At year end it held assets of $1.8m against liabilities of $55k, net assets of $1.7m. It reported 1 employees.