Better Business Bureau Report for
House of Ruth

Better Business Bureau Report issued December 2014
Better Business Bureau Report expires December 2016


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 organization that strengthens lives for those with or affected by HIV/AIDS. We offer housing and support services with a holistic focus on individuals who are HIV-positive, as well as their family members who count on them for financial and emotional support.

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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 and support services to nearly 60 households in which someone has HIV/AIDS and came to us homeless or at risk of homelessness. Seventeen of these families live in single-family properties that we own and maintain. For our Housing Program, the purpose is to help residents eliminate barriers that have kept them from getting and maintaining permanent housing. We also own and maintain Glade House, a 5,500 square foot transitional and emergency shelter for up to 12 homeless adults with HIV/AIDS. Staffed 24/7, Glade offers a safe, drug-free community living environment that includes intensive case management, substance abuse treatment, and mental health therapy. The purpose is to help residents remove any barriers to finding and keeping permanent housing that is safe and affordable. We also offer case management and crisis intervention, plus children's programming and financial assistance, to an additional nearly 700 men, women, and children not in our Housing and Glade House Programs.

For the fiscal year ended June 30, 2014, House of Ruth's program expenses were:

  
Program services 1,026,136
Total Program Expenses: $1,026,136
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Governance

              

Chief Executive : Lisa Sutton, Executive Director
Compensation*: 

Chair of the Board: Brian Wigginton, Chair
Chair's Profession / Business Affiliation: Technical Controller, GE Appliances and Lighting

Board Size: 16

Paid Staff Size: 22

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Fund Raising

              

Method(s) Used:

Methods of fund raising include direct mail, invitations to fund raising events, print advertisements, 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 $1,202,160, 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, 2014.

Ending net assets as reported below include $2,617,675 in unrestricted net assets and $69,453 in temporarily restricted net assets.

Unrestricted net assets include $410,445 in undesignated assets, $1,233,118 in assets designated by the Board for property and equipment, and $974,112 in assets designated by the Board for an investment fund.



Source of Funds  
Government Grants 789,188
Private Sector Grants 291,548
Individual Gifts 95,263
Rental Income 72,817
Realized Gain 51,817
Unrealized Gain 26,433
Inkind 26,161
Investment Income 15,689
Other 11,349
Total Income $1,380,265


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Uses of Funds as a % of Total Expenses

Programs: 85%  Fund Raising: 7%  Administrative: 8% 

Total income $1,380,265
Program expenses $1,026,136
Fund raising expenses 85,151
Administrative expenses 103,344
Total expenses $1,214,631
Income in Excess of Expenses 165,634
Beginning net assets 2,521,494
Ending net assets 2,687,128
Total liabilities 59,930
Total assets $2,747,058


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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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