Better Business Bureau Report for
House of Ruth

Better Business Bureau Report issued February 2013
Better Business Bureau Report expires February 2015


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: House of Ruth
Address: 607 E. St. Catherine Street
  Louisville, KY 40203
Phone: 502-587-5080
Web Address: www.houseofruth.net
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Better Business Bureau Comments

Year, State Incorporated: 1992, Kentucky
Affiliates: None
Stated Purpose: House of Ruth is a nonprofit community based organization caring for families and individuals with or affected by HIV/AIDS. The organization provides a holistic client-centered approach for housing and advocacy programs. This includes life skills, children's programs and other support services to help strengthen lives.

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Evaluation Conclusions

              

House of Ruth meets the 20 Standards for Charity Accountability.
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Programs

              

House of Ruth provides housing, case management, substance abuse treatment, crisis intervention, referrals, advocacy and life skills education to individuals infected with HIV/AIDS and to their family members also affected by the disease. --housing --emergency assistance -- transportation assistance --medical advocacy and support --food vouchers --children's services --funeral assistance -- home visits, -- collaborative client workshops -- and life skills education. House of Ruth serves over 1,100 client household members each year.

For the fiscal year ended June 30, 2013, House of Ruth's program expenses were:

  
Program services 1,063,734
Total Program Expenses: $1,063,734
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Governance

              

Chief Executive : Lisa Sutton, Exeuctive Director
Compensation*: 
$65,000

Chair of the Board: Eric Hunstiger
Chair's Profession / Business Affiliation: Adopt-a-Son Lawn Maintenance

Board Size: 25

Paid Staff Size: 22

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

Methods of fund raising include direct mail, telephone, invitations to fund raising events, print advertisements, television, radio, grant proposals, and internet appeals.

In addition, House of Ruth is a Metro United Way member agency.

Fund raising costs were 7% of related contributions. (Related contributions, which totaled $1,032,934, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on House of Ruth's audited financial statements for the fiscal year ended June 30, 2013.

Ending net assets as reported below include $2,512,971 in unrestricted net assets and $8,523 in temporarily restricted net assets.

Unrestricted net assets include $767,766 in undesignated assets, $1,221,596 in assets designated by the Board for property and equipment, and $523,609 in assets designated by the Board for s quasi-endowment fund.



Source of Funds  
Contributions and grants (restricted) 801,604
Fundraising activities, net of direct expenses to donors 108,178
Rental income 74,674
Contributions (unrestricted) 66,251
Other revenue 58,424
In-kind contributions 56,901
Investments 16,358
Realized gain 15,044
Unrealized gain on investments 7,774
Total Income $1,205,208


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Uses of Funds as a % of Total Expenses

Programs: 85%  Fund Raising: 6%  Administrative: 9% 

Total income $1,205,208
Program expenses $1,063,734
Fund raising expenses 75,558
Administrative expenses 112,593
Total expenses $1,251,885
Expenses in Excess of Income (46,677)
Beginning net assets 2,568,171
Ending net assets 2,521,494
Total liabilities 57,826
Total assets $2,579,320

This report was originally issued in February 2013. Financial information was updated in March 2014.

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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