Ruths Gleanings

Analysis

Ruths Gleanings is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in February 2018, 8 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 December 2023, Ruths Gleanings reported income of $428k and spending of $410k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $245k to $428k (+75%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ruths Gleanings sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within SC. Charities of a similar size with the same main cause include Marshall County Christmas Coalition Inc ($428k), Bastrop Hope House ($428k) and Dalhart Senior Citizens Association ($428k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $189k (46% of expenses). At year end it held assets of $170k against liabilities of $3,904, net assets of $166k. It reported 5 employees.