Better Business Bureau Report for
House of Ruth

Better Business Bureau Report issued December 2016
Better Business Bureau Report expires December 2018


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 provides housing and support services for people with HIV/AIDS and their families who are homeless, at risk of losing their homes, or need financial help.

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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 emergency and short-term 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 emergency financial assistance for transportation, rent and utilities, and apartment rental deposits, to an additional more than 600 men, women, and children not in our Housing and Glade House Programs.

For the fiscal year ended June 30, 2016, House of Ruth's program expenses were:

  
Program Services 1,176,526
Total Program Expenses: $1,176,526
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Governance

              

Chief Executive : Lisa Sutton, Executive Director
Compensation*: 

Chair of the Board: Anthony Schmuckie
Chair's Profession / Business Affiliation: Brown-Forman Corporation

Board Size: 14

Paid Staff Size: 19

*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, 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 8% of related contributions. (Related contributions, which totaled $1,202,808, 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, 2016.

Ending net assets as reported below include $2,578,898 in unrestricted net assets and $56,634 in temporarily restricted net assets.

Unrestricted net assets include $338,961 in undesignated assets, $1,255,188 in assets designated by the Board for property and equipment, and $984,749 in assets designated by the Board for a quasi-endowment fund.



Source of Funds  
Government Grants 812,735
Private Sector grants & contributions 316,613
Fund raising activities, net 73,460
Rental Income 71,323
Unrealized gain on investments 31,425
Investment Income 19,986
Other Revenues 5,087
Realized loss on investments -18,034
Total Income $1,312,595


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Uses of Funds as a % of Total Expenses

Programs: 84%  Fund Raising: 7%  Administrative: 9% 

Total income $1,312,595
Program expenses $1,176,526
Fund raising expenses 95,775
Administrative expenses 123,817
Total expenses $1,396,118
Expenses in Excess of Income (83,523)
Beginning net assets 2,719,055
Ending net assets 2,635,532
Total liabilities 53,691
Total assets $2,689,223


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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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