House of Ruth Maryland Inc

Analysis

House of Ruth Maryland Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in April 1980, 46 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 June 2023, House of Ruth Maryland Inc reported income of $11.8m and spending of $11.8m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $10.0m to $11.8m (+18%), an average of +5.6% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, House of Ruth Maryland Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MD. Charities of a similar size with the same main cause include Women Against Abuse Inc ($11.8m), Broadway Housing Communities Inc ($11.8m) and Hospice Maui Inc ($11.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $359k (3.0% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $23.5m against liabilities of $2.1m, net assets of $21.4m. It reported 206 employees.