Ruby Room

Analysis

Ruby Room is a registered charity in United States, based in Issaquah, WA. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 October 2023, Ruby Room reported income of $108k and spending of $99k, spending 91% of its income. Across the 4 years on record, from October 2019 to October 2023, income fell from $718k to $108k (-85%), an average of -47% a year. The sharpest change came in the year to October 2022, when income dropped by 140%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ruby Room sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 35th percentile within WA. Charities of a similar size with the same main cause include Gather the Outcasts Inc ($108k), Shine Joplin ($108k) and Be Encouraged Inc ($108k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 135% of the total. Compensation of current officers, directors and key employees was $15k (15% of expenses). At year end it held assets of $293k against liabilities of $1,103, net assets of $291k.