Ruth Eckerd Hall Inc

Analysis

Ruth Eckerd Hall Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in June 1979, 47 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 September 2023, Ruth Eckerd Hall Inc reported income of $31.9m and spending of $30.3m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $31.4m to $31.9m (+1.6%), an average of +0.4% a year. The sharpest change came in the year to September 2020, when income dropped by 47%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ruth Eckerd Hall Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include African Population Health & Research Center Inc ($31.6m), Center for Transportation and the Enviroment Inc ($32.0m) and Excellence Initiative ($31.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 17% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $815k (2.7% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $60.2m against liabilities of $8.9m, net assets of $51.3m. It reported 309 employees.