Rudden Family Foundation Inc

Analysis

Rudden Family Foundation Inc is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in September 2012, 14 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 2023, Rudden Family Foundation Inc reported income of $453k and spending of $488k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $364k to $453k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rudden Family Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Monticello Christian Social Services Inc ($453k), Rudolphy-Mercy-Douglas Home for the Blind ($454k) and State Line Community Action Association ($453k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $120k. At year end it held assets of $170k against liabilities of $0, net assets of $170k. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.