Ruritan National Corp

Analysis

Ruritan National Corp is a registered charity in United States, based in Corryton, TN. It received its IRS tax-exemption ruling in January 2024, 2 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ruritan National Corp reported income of $82k and spending of $67k, spending 82% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $73k to $82k (+12%), an average of +5.9% a year. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ruritan National Corp sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within TN. Charities of a similar size with the same main cause include Pioneer Technology Center Foundation Inc ($82k), Mike Brown Minsitries ($82k) and Forward Giving Inc ($82k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 8.8% of the total. At year end it held assets of $839k against liabilities of $0, net assets of $839k.