Rty Inc

Analysis

Rty Inc is a registered charity in United States, based in New Phila, OH. It received its IRS tax-exemption ruling in October 1987, 39 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 December 2023, Rty Inc reported income of $805k and spending of $672k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $614k to $805k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2021, when income rose by 173%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rty Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Red Lion Area Ambulance Association ($805k), Jefferson Davis Council on the Aging Inc ($805k) and Mahtomedi Youth Hockey Association Inc ($805k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Other salaries and wages came to $269k. At year end it held assets of $310k against liabilities of $1,738, net assets of $308k. It reported 106 employees.