Ruoff Cares Inc

Analysis

Ruoff Cares Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ruoff Cares Inc reported income of $61k and spending of $50k, spending 81% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $221k to $61k (-72%), an average of -35% a year. The sharpest change came in the year to December 2022, when income dropped by 55%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ruoff Cares Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within IN. Charities of a similar size with the same main cause include Tomcat Bridgebuilders ($61k), Forever Family Inc ($61k) and Sisters in Service Foundation Inc ($61k).

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 $247k against liabilities of $0, net assets of $247k.