Ruths House of Hope

Analysis

Ruths House of Hope is a registered charity in United States, based in Oroville, WA. It received its IRS tax-exemption ruling in February 1993, 33 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, Ruths House of Hope reported income of $96k and spending of $73k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $96k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ruths House of Hope sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 31st percentile within WA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($96k), Get Together Inc ($96k) and Harriet Tubman Pre & Elementary School Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.