Ruths Schools Inc

Analysis

Ruths Schools Inc is a registered charity in United States, based in Letart, WV. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2024, Ruths Schools Inc reported income of $120k and spending of $128k, spending 107% of what it took in. Across the 2 years on record, from September 2023 to September 2024, income fell from $148k to $120k (-19%), an average of -19% a year. The sharpest change came in the year to September 2024, when income dropped by 19%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ruths Schools Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 38th percentile within WV. Charities of a similar size with the same main cause include Kiwanis Club of Chatsworth ($120k), Hospitality Business Network Foundation Inc ($120k) and TBG Education Foundation Inc ($120k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.