Peter B & Adeline W Ruffin Foundation Inc

Peter B & Adeline W Ruffin Foundation consistently spends more than its revenue, leading to a significant decline in assets over the past decade.

EIN: 136170484 · Kiawah Island, SC · Updated: 2026-03-28

$4.5MRevenue

$3.0MAssets

75/100Mission Score (Good)

Is Peter B & Adeline W Ruffin Foundation Inc Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Peter B & Adeline W Ruffin Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Peter B & Adeline W Ruffin Foundation Inc

Peter B & Adeline W Ruffin Foundation Inc (EIN: 136170484) is a nonprofit organization based in Kiawah Island, SC. The organization reported total revenue of $4.5M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Peter B & Adeline W Ruffin Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Peter B & Adeline W Ruffin Foundation Inc. appears to be a private foundation, given its consistent revenue and expense patterns, and the absence of officer compensation. Over the past several years, the foundation has consistently spent more than it has brought in through revenue. For instance, in the 202311 period, the foundation reported revenues of $2,163,363 against expenses of $3,262,747, indicating a deficit of over $1 million for that year. This trend is visible across multiple years, leading to a significant decline in assets from $11,183,546 in 2011 to $4,125,003 in 2023. While this spending pattern is typical for foundations distributing grants, the sustained decline in assets warrants attention to ensure long-term sustainability. The consistent reporting of $0 officer compensation suggests good governance in terms of executive pay, aligning with best practices for private foundations where founders or trustees often serve without direct salary. The liabilities have remained minimal, indicating sound financial management in that regard. The lack of an NTEE code makes it difficult to assess program focus without further information, but the consistent spending above revenue suggests active grantmaking.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Peter B & Adeline W Ruffin Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Peter B & Adeline W Ruffin Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers or trustees are not receiving salaries from the foundation, which is a positive sign for a private foundation of this size.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Peter B & Adeline W Ruffin Foundation Inc's IRS 990 filings:

Consistent spending exceeding revenue, leading to significant asset depletion over time (e.g., $3.2M expenses vs. $2.1M revenue in 202311).
Lack of NTEE code makes it difficult to assess specific programmatic focus and impact.

Strengths

The following positive indicators were identified for Peter B & Adeline W Ruffin Foundation Inc:

Zero officer compensation reported, indicating efficient use of funds and potentially volunteer leadership.
Minimal liabilities reported across all filings, suggesting sound financial management of debts.
Consistent grantmaking activity, as evidenced by expenses regularly exceeding revenue, indicating active fulfillment of its philanthropic mission.

Frequently Asked Questions about Peter B & Adeline W Ruffin Foundation Inc

Is Peter B & Adeline W Ruffin Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Peter B & Adeline W Ruffin Foundation Inc (EIN: 136170484) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

How does Peter B & Adeline W Ruffin Foundation Inc spend its money?

Peter B & Adeline W Ruffin Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Peter B & Adeline W Ruffin Foundation Inc tax-deductible?

Peter B & Adeline W Ruffin Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136170484). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is the Peter B & Adeline W Ruffin Foundation Inc. financially sustainable given its spending patterns?

The foundation has consistently spent more than its revenue for many years, leading to a decrease in assets from over $11 million in 2011 to $4.1 million in 2023. While this is common for foundations distributing grants, the long-term sustainability depends on the foundation's endowment management and future revenue generation strategies.

What is the primary purpose or program area of the foundation?

The NTEE code is unknown, and without further details on the specific grants or activities, the primary purpose or program area cannot be determined from the provided IRS 990 data.

How does the foundation manage its liabilities?

The foundation consistently reports very low liabilities (often $0 or $1), indicating strong management of its financial obligations and a healthy balance sheet in this regard.

Filing History

IRS 990 filing history for Peter B & Adeline W Ruffin Foundation Inc showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2011–2023), Peter B & Adeline W Ruffin Foundation Inc's revenue has grown by 27%, moving from $1.7M to $2.2M. Total assets decreased by 63.1% over the same period, from $11.2M to $4.1M. Total functional expenses rose by 45.4%, from $2.2M to $3.3M. In its most recent filing year (2023), Peter B & Adeline W Ruffin Foundation Inc reported a deficit of $1.1M, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.2M	$3.3M	$4.1M	$1	—	View 990
2021	$2.2M	$3.6M	$5.9M	$1	—	View 990
2020	$2.4M	$3.5M	$7.4M	$1	—	View 990
2019	$2.7M	$3.1M	$8.5M	$0	—	View 990
2015	$2.0M	$1.8M	$9.9M	$0	—	—
2014	$1.6M	$2.2M	$9.8M	$0	—	View 990
2013	$1.7M	$2.5M	$10.3M	$0	—	View 990
2012	$1.6M	$1.6M	$11.2M	$0	—	View 990
2011	$1.7M	$2.2M	$11.2M	$0	—	—

Year-by-Year Financial Summary

2023: Revenue of $2.2M, expenses of $3.3M, and assets of $4.1M (revenue +0.3% year-over-year).
2021: Revenue of $2.2M, expenses of $3.6M, and assets of $5.9M (revenue -10.1% year-over-year).
2020: Revenue of $2.4M, expenses of $3.5M, and assets of $7.4M (revenue -11.4% year-over-year).
2019: Revenue of $2.7M, expenses of $3.1M, and assets of $8.5M (revenue +34.6% year-over-year).
2015: Revenue of $2.0M, expenses of $1.8M, and assets of $9.9M (revenue +23.6% year-over-year).
2014: Revenue of $1.6M, expenses of $2.2M, and assets of $9.8M (revenue -1.6% year-over-year).
2013: Revenue of $1.7M, expenses of $2.5M, and assets of $10.3M (revenue +5.8% year-over-year).
2012: Revenue of $1.6M, expenses of $1.6M, and assets of $11.2M (revenue -8.3% year-over-year).
2011: Revenue of $1.7M, expenses of $2.2M, and assets of $11.2M.

Data Sources and Methodology

This transparency report for Peter B & Adeline W Ruffin Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.