Above Rubies Inc

Analysis

Above Rubies Inc is a registered charity in United States, based in Primm Springs, TN. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Above Rubies Inc reported income of $159k and spending of $155k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $213k to $159k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 110% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Above Rubies Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within TN. Charities of a similar size with the same main cause include Decatur House of Prayer ($159k), Al-Madinah Masjid of North Atlanta Inc ($159k) and Hispanic Christian Ministries ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.