Rupco Inc
Rupco Inc: Strong Program Spending, but Transparency Lacking on Specifics
EIN: 222368174 · Kingston, NY · NTEE: L21Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $17.4M |
| Total Expenses | $14.2M |
| Program Spending | 85% |
| Net Assets | $14.9M |
| Transparency Score | 85/100 |
Is Rupco Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rupco Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rupco Inc
Rupco Inc (EIN: 222368174) is a nonprofit organization based in Kingston, NY, classified under NTEE code L21Z. The organization reported total revenue of $17.4M and total assets of $34.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rupco Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rupco Inc is a large nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.8M |
| Total Expenses | $14.2M |
| Surplus / Deficit | $-1,325,171 |
| Total Assets | $28.5M |
| Total Liabilities | $13.6M |
| Net Assets | $14.9M |
| Operating Margin | -10.3% |
| Debt-to-Asset Ratio | 47.6% |
| Months of Reserves | 24.2 months |
Financial Health Grade: B
In 2023, Rupco Inc reported a deficit of $1.3M with expenses exceeding revenue, holds 24.2 months of operating reserves (strong position), has a debt-to-asset ratio of 47.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rupco Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.3% | +4.9% | +2.9% |
| 2022 | +19.7% | +33.6% | +11.2% |
| 2021 | +0.7% | +7.9% | +23.5% |
| 2020 | +15.2% | +6.8% | +11.8% |
| 2019 | +28.4% | +17.0% | +3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rupco Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Rupco Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 47.6%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information on individual salaries.
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 Rupco Inc's IRS 990 filings:
- Lack of detailed breakdown for program expenses makes it difficult to assess specific impact areas.
- Limited transparency regarding individual executive compensation.
- Fundraising costs, while low, lack specific detail on activities.
Strengths
The following positive indicators were identified for Rupco Inc:
- Consistently high percentage of spending dedicated to programs (85%).
- Healthy revenue growth from $7,117,856 in 2017 to $12,849,253 in 2023.
- Strong asset growth from $16,788,998 in 2017 to $28,545,761 in 2023.
- Low administrative and fundraising overhead.
Frequently Asked Questions about Rupco Inc
Is Rupco Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rupco Inc (EIN: 222368174) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Rupco Inc spend its money?
Rupco Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rupco Inc tax-deductible?
Rupco Inc is registered as a tax-exempt nonprofit (EIN: 222368174). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rupco Inc's spending goes to programs?
Rupco Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rupco Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Rupco Inc is above average for NTEE category L21Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rupco Inc located?
Rupco Inc is headquartered in Kingston, New York and files with the IRS under EIN 222368174. It is classified under NTEE code L21Z.
How many years of IRS 990 filings does Rupco Inc have?
Rupco Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $17.4M in total revenue.
What does Rupco Inc do?
Rupco Inc is a nonprofit organization in the Housing & Shelter sector, located in Kingston, New York. It is classified under NTEE code L21Z.
How much revenue does Rupco Inc have?
Rupco Inc reported total revenue of $17,438,524. Based on 13 IRS 990 filings on record.
What are Rupco Inc's total assets?
Rupco Inc holds total assets of $34,519,147 as reported in IRS 990 filings.
Where is Rupco Inc located?
Rupco Inc is based in Kingston, New York.
What is Rupco Inc's EIN?
Rupco Inc's Employer Identification Number (EIN) is 222368174. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Rupco Inc?
Rupco Inc is classified under NTEE code L21Z (Housing & Shelter).
Is Rupco Inc a registered 501(c)(3)?
Yes, Rupco Inc is recognized as a tax-exempt organization by the IRS. EIN: 222368174.
Does Rupco Inc file IRS Form 990?
Yes, Rupco Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Rupco Inc's revenue in 2023?
In the 202312 filing period, Rupco Inc reported total revenue of $12,849,253, total expenses of $14,174,424, and net assets of $28,545,761.
Is Rupco Inc's revenue growing or declining?
Rupco Inc's revenue is relatively stable. Revenue went from $13,282,551 (202212) to $12,849,253 (202312), a -3.3% change. Based on 13 filings on record.
What is Rupco Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Rupco Inc covers tax period 202312. It shows revenue of $12,849,253, expenses of $14,174,424, total assets of $28,545,761, and liabilities of $13,599,641.
How much does Rupco Inc spend on programs vs administration?
Based on IRS 990 analysis, Rupco Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Rupco Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Rupco Inc appears trustworthy. Mission Score: 85/100 (Excellent). 3 red flags identified. 4 strengths noted.
What are the red flags for Rupco Inc?
The following concerns were identified: Lack of detailed breakdown for program expenses makes it difficult to assess specific impact areas.. Limited transparency regarding individual executive compensation.. Fundraising costs, while low, lack specific detail on activities.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Rupco Inc's strengths?
Positive indicators for Rupco Inc include: Consistently high percentage of spending dedicated to programs (85%).. Healthy revenue growth from $7,117,856 in 2017 to $12,849,253 in 2023.. Strong asset growth from $16,788,998 in 2017 to $28,545,761 in 2023.. Low administrative and fundraising overhead.. These findings are derived from AI analysis of the organization's financial filings.
How does Rupco Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information on individual salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent growth in revenue and assets, what specific strategies has Rupco Inc employed to maintain its high program spending ratio while expanding its operations?
Rupco Inc has consistently allocated a significant portion of its expenditures to programs, with expenses growing from $7,280,326 in 2017 to $14,174,424 in 2023, indicating effective scaling of program delivery alongside financial growth.
How does Rupco Inc manage to keep its fundraising expenses at such a low percentage, and what are the primary sources of its funding?
With fundraising consistently around 5% of total expenses, Rupco Inc likely relies on stable funding streams such as grants or long-term donor relationships, rather than high-cost public campaigns, though specific sources are not detailed in the provided data.
Filing History
IRS 990 filing history for Rupco Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rupco Inc's revenue has grown by 82.3%, moving from $7.0M to $12.8M. Total assets increased by 86.6% over the same period, from $15.3M to $28.5M. Total functional expenses rose by 146.1%, from $5.8M to $14.2M. In its most recent filing year (2023), Rupco Inc reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $13.6M in liabilities against $28.5M in assets (debt-to-asset ratio: 47.6%), resulting in net assets of $14.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.8M | $14.2M | $28.5M | $13.6M | — | — |
| 2022 | $13.3M | $13.5M | $27.7M | $11.4M | — | — |
| 2021 | $11.1M | $10.1M | $24.9M | $8.4M | — | View 990 |
| 2020 | $11.0M | $9.4M | $20.2M | $6.4M | — | — |
| 2019 | $9.6M | $8.8M | $18.1M | $5.9M | — | View 990 |
| 2018 | $7.5M | $7.5M | $17.5M | $6.1M | — | View 990 |
| 2017 | $7.1M | $7.3M | $16.8M | $5.4M | — | View 990 |
| 2016 | $7.5M | $7.7M | $14.7M | $3.2M | — | View 990 |
| 2015 | $9.3M | $7.8M | $15.8M | $4.1M | — | View 990 |
| 2014 | $6.4M | $6.1M | $14.3M | $4.0M | — | View 990 |
| 2013 | $8.4M | $7.9M | $15.5M | $5.6M | — | View 990 |
| 2012 | $5.8M | $6.0M | $14.6M | $5.0M | — | View 990 |
| 2011 | $7.0M | $5.8M | $15.3M | $5.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.8M, expenses of $14.2M, and assets of $28.5M (revenue -3.3% year-over-year).
- 2022: Revenue of $13.3M, expenses of $13.5M, and assets of $27.7M (revenue +19.7% year-over-year).
- 2021: Revenue of $11.1M, expenses of $10.1M, and assets of $24.9M (revenue +0.7% year-over-year).
- 2020: Revenue of $11.0M, expenses of $9.4M, and assets of $20.2M (revenue +15.2% year-over-year).
- 2019: Revenue of $9.6M, expenses of $8.8M, and assets of $18.1M (revenue +28.4% year-over-year).
- 2018: Revenue of $7.5M, expenses of $7.5M, and assets of $17.5M (revenue +4.7% year-over-year).
- 2017: Revenue of $7.1M, expenses of $7.3M, and assets of $16.8M (revenue -5.6% year-over-year).
- 2016: Revenue of $7.5M, expenses of $7.7M, and assets of $14.7M (revenue -18.8% year-over-year).
- 2015: Revenue of $9.3M, expenses of $7.8M, and assets of $15.8M (revenue +44.5% year-over-year).
- 2014: Revenue of $6.4M, expenses of $6.1M, and assets of $14.3M (revenue -23.3% year-over-year).
- 2013: Revenue of $8.4M, expenses of $7.9M, and assets of $15.5M (revenue +43.3% year-over-year).
- 2012: Revenue of $5.8M, expenses of $6.0M, and assets of $14.6M (revenue -17.1% year-over-year).
- 2011: Revenue of $7.0M, expenses of $5.8M, and assets of $15.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rupco Inc:
Data Sources and Methodology
This transparency report for Rupco 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.