Rubus Incorporated
Analysis
Rubus Incorporated is a registered charity in United States, based in Grants Pass, OR. It received its IRS tax-exemption ruling in July 1994, 32 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Rubus Incorporated reported income of $98k and spending of $101k, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $86k to $98k (+14%), an average of +3.4% a year. Over the whole period it spent 106% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rubus Incorporated sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within OR. Charities of a similar size with the same main cause include Family Promise of Indiana County Inc ($98k), United Native American Housing Association ($98k) and Veteran Housing Corp ($98k).
On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $22k. At year end it held assets of $396k against liabilities of $578k, net assets of -$182k.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Family Promise of Indiana County Inc | Indiana | $98k |
| United Native American Housing Association | Ronan | $98k |
| Veteran Housing Corp | Miami | $98k |
| Friendly Heights Apts Inc | Stanberry | $98k |