Three Wishes for Rubys Residents

Analysis

Three Wishes for Rubys Residents is a registered charity in United States, based in Harrison, AR. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Three Wishes for Rubys Residents reported income of $364k and spending of $344k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $318k to $364k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2020, when income dropped by 54%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Three Wishes for Rubys Residents 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 65th percentile, and in the 66th percentile within AR. Charities of a similar size with the same main cause include Community Investment Fund of Indiana Inc ($364k), Pioneer Valley Regional Ventures Center Inc ($364k) and Armi Housing Corporation ($364k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $293k against liabilities of $0, net assets of $293k.