Rus Service Corporation

Analysis

Rus Service Corporation is a registered charity in United States, based in South Plainfield, NJ. It received its IRS tax-exemption ruling in March 1989, 37 years ago. 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, Rus Service Corporation reported income of $224k and spending of $182k, spending 81% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $244k to $224k (-8.3%), an average of -4.2% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rus Service Corporation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include American Water Works Association ($224k), Poverty Solutions Group Inc ($224k) and Iglesia Evangelica Apostoles Y Pro Fetas ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. At year end it held assets of $153k against liabilities of $0, net assets of $153k.