Ruth Harbor

Analysis

Ruth Harbor is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2023, Ruth Harbor reported income of $816k and spending of $738k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $471k to $816k (+73%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ruth Harbor sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within IA. Charities of a similar size with the same main cause include Servolution Network Inc ($816k), Western Nebraska Housing Opportunities ($817k) and Hhadc Incorporated ($816k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $79k (11% of expenses). Other salaries and wages came to $292k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 20 employees.