Ruth Stone House Inc

Analysis

Ruth Stone House Inc is a registered charity in United States, based in Goshen, VT. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Ruth Stone House Inc reported income of $64k and spending of $66k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $313k to $64k (-80%), an average of -80% a year. The sharpest change came in the year to December 2023, when income dropped by 80%. Over the whole period it spent 54% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ruth Stone House Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 16th percentile within VT. Charities of a similar size with the same main cause include Kiwanis Foundation of Santa Barbara ($64k), Clara M Mixter Higher Education TR ($64k) and Firefighters to the Rescue Inc ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 35% of the total. At year end it held assets of $237k against liabilities of $2,204, net assets of $235k.