House of Ruth Inc

Analysis

House of Ruth Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Inc reported income of $2.4m and spending of $2.3m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.4m (+57%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, House of Ruth Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within KY. Charities of a similar size with the same main cause include Best Care Family and Wellness Center Inc ($2.4m), Southern Nevada Cancer Research Foundation Inc ($2.4m) and Footprints Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $84k (3.7% of expenses). Other salaries and wages came to $753k. At year end it held assets of $3.1m against liabilities of $225k, net assets of $2.9m. It reported 27 employees.