Rutc of Ne America Inc

Analysis

Rutc of Ne America Inc is a registered charity in United States, based in Montclair, NJ. It received its IRS tax-exemption ruling in November 2014, 12 years ago. 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, Rutc of Ne America Inc reported income of $95k and spending of $77k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $24k to $95k (+292%), an average of +292% a year. The sharpest change came in the year to December 2023, when income rose by 292%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rutc of Ne America Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within NJ. Charities of a similar size with the same main cause include Pop Warner Little Scholars Inc ($95k), Bowie Educational Foundation ($95k) and Western Maryland Railway Historical Society Incorporated ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. At year end it held assets of $165k against liabilities of $0, net assets of $165k.