Ruths Way
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 77,345 | 74,041 | 3,304 | 0.9 | — |
| 2022 | 113,944 | 98,756 | 15,188 | 2.5 | — |
| 2023 | 117,179 | 179,724 | −62,545 | 0.0 | — |
| 2024 | 203,992 | 242,524 | −38,532 | -4.0 | 25% |
In its most recent public year (2024), this organization spent $38,532 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4 months), down from 0.9 in 2021. Staff pay was 25% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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