Better Business Bureau Report for
House of Ruth

Better Business Bureau Report issued January 2011
Better Business Bureau Report expires January 2013


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. We provide a holistic client-centered approach for housing and advocacy progrmas. 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 supportive services to individuals infected with HIV/AIDS and to their family members also affected by the disease. Programs and services that are offered include: --case management --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, 2011, House of Ruth's program expenses were:

  
Program services 1,035,299
Total Program Expenses: $1,035,299
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Governance

               

Chief Executive : Lisa Sutton, Executive Director
Compensation*:

Chair of the Board: Kyle Mason
Chair's Profession / Business Affiliation: Fifth Third Bank Vice President

Board Size: 25

Paid Staff Size: 17

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Fund Raising

               

Method(s) Used:

Fund raising methods include direct mail, invitations to fund raising events, print advertisements, radio, grant proposals, and internet appeals.
In addition, House of Ruth is a Metro United Way member agency.
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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 year that ended June 30, 2011.

Ending net assets as reported below include $2,574,680 in unrestricted net assets and $2,405 in temporarily restricted net assets.

Unrestricted net assets include $879,997 in Undesignated assets, $1,218,822 in assets designated by the Board for property and equipment, and $475,861 in assets designated by the Board for s quasi-endowment fund.

Total assets as reported include $1,218,822 invested in property and equipment, net.


Source of Funds  
Contributions and grants (restricted) 747,106
Fund Raising Activities, net 105,227
In-kind Contributions 81,453
Contributions (unrestricted) 78,724
Rental Income 78,032
Unrealized gain on investments 57,785
Investment income 14,542
Realized income (loss) on investments 12,234
Other revenues 533
Total Income $1,175,636


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Uses of Funds as a % of Total Expenses

Programs: 88%  Fund Raising: 2%  Administrative: 10% 

Total income   $1,175,636
  Program expenses $1,035,299
  Fund raising expenses 24,403
  Administrative expenses 113,445
 
Total expenses   $1,173,147
Income in Excess of Expenses   2,489
Beginning net assets   2,574,596
Ending net assets   2,577,085
Total liabilities   26,780
Total assets   $2,603,865

This report was originally issued in January 2011. Financial information in the report was updated in March 2012.

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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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