House of Ruth

Analysis

House of Ruth is a registered charity in United States, based in Washington DC, DC. It received its IRS tax-exemption ruling in February 1976, 50 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 June 2023, House of Ruth reported income of $14.5m and spending of $14.2m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.3m to $14.5m (+55%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 24%. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, House of Ruth sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 91st percentile within DC. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($14.4m), Hale Mahaolu ($14.5m) and Innovative Housing Inc ($14.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 0.9% of the total. Other salaries and wages came to $5.9m. At year end it held assets of $27.7m against liabilities of $7.7m, net assets of $20.0m. It reported 127 employees.