Ruth A Elmore Trust
Ruth A Elmore Trust maintains substantial assets and reports no officer compensation.
EIN: 16008591 · Boston, MA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $347K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $11 |
| Net Assets | $11.4M |
| Transparency Score | 85/100 |
Is Ruth A Elmore Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ruth A Elmore Trust directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ruth A Elmore Trust
Ruth A Elmore Trust (EIN: 16008591) is a nonprofit organization based in Boston, MA, classified under NTEE code T22. The organization reported total revenue of $2.1M and total assets of $11.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ruth A Elmore Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ruth A Elmore Trust is a mid-size nonprofit that has been operating for 29 years, with 6 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $496K |
| Total Expenses | $347K |
| Surplus / Deficit | +$149K |
| Total Assets | $11.4M |
| Net Assets | $11.4M |
| Operating Margin | 30.1% |
| Months of Reserves | 393.7 months |
Financial Health Grade: A
In 2023, Ruth A Elmore Trust reported a surplus of $149K with revenue exceeding expenses, holds 393.7 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2012–2023), Ruth A Elmore Trust's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.5% | -10.9% | +1.3% |
| 2022 | -35.7% | +18.0% | +1.1% |
| 2021 | +47.6% | -23.4% | +4.4% |
| 2020 | -33.3% | +29.3% | +15.8% |
| 2018 | +327.8% | +27.1% | +10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Ruth A Elmore Trust 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Ruth A Elmore Trust allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. 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 surplus of $149K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the trust. This suggests a volunteer-led or externally managed structure, which is highly efficient in terms of executive overhead for an organization with over $11 million in assets.
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.
Strengths
The following positive indicators were identified for Ruth A Elmore Trust:
- Strong and growing asset base, increasing from $8.29 million in 2012 to $11.39 million in 2023.
- Consistent reporting of $0 liabilities, indicating excellent financial stability and no debt.
- 0% officer compensation reported across all filings, suggesting highly efficient executive overhead.
- Revenue consistently exceeds expenses in most periods, allowing for asset growth.
- Regular IRS 990 filings demonstrate good financial transparency.
Frequently Asked Questions about Ruth A Elmore Trust
Is Ruth A Elmore Trust a legitimate charity?
Ruth A Elmore Trust (EIN: 16008591) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 6 years of IRS 990 filings on record. Total revenue: $2.1M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Ruth A Elmore Trust spend its money?
Ruth A Elmore Trust directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Ruth A Elmore Trust tax-deductible?
Ruth A Elmore Trust is registered as a tax-exempt nonprofit (EIN: 16008591). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ruth A Elmore Trust CEO make?
Ruth A Elmore Trust's highest-compensated officer earns $11 annually. The organization reported $2.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Ruth A Elmore Trust compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Ruth A Elmore Trust is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ruth A Elmore Trust located?
Ruth A Elmore Trust is headquartered in Boston, Massachusetts and files with the IRS under EIN 16008591. It is classified under NTEE code T22.
How many years of IRS 990 filings does Ruth A Elmore Trust have?
Ruth A Elmore Trust has 6 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 $2.1M in total revenue.
What are the specific grantmaking activities or beneficiaries of the Ruth A Elmore Trust?
The provided data, including the NTEE code T22 (Private Grantmaking Foundations), indicates the trust's primary function is grantmaking. However, specific details on beneficiaries or types of grants are not available in this summary.
How does the trust manage its operations without officer compensation?
The consistent 0% officer compensation suggests that the trust may be managed by volunteers, through an external trustee service, or that compensation is reported under a different expense category not specified as 'officer compensation' in this summary. Given its nature as a private trust, it's common for management to be handled by a bank or legal firm.
What is the breakdown of the trust's expenses beyond officer compensation?
The summary data provides total expenses (e.g., $347,084 in 2023) but does not detail how these expenses are allocated between administrative costs, investment management fees, or actual grant disbursements. This breakdown would be crucial for a more in-depth financial analysis.
Filing History
IRS 990 filing history for Ruth A Elmore Trust showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2023), Ruth A Elmore Trust's revenue has grown by 161.2%, moving from $190K to $496K. Total assets increased by 37.4% over the same period, from $8.3M to $11.4M. Total functional expenses rose by 32.3%, from $262K to $347K. In its most recent filing year (2023), Ruth A Elmore Trust reported a surplus of $149K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $496K | $347K | $11.4M | $0 | — | — |
| 2022 | $514K | $389K | $11.2M | $0 | — | — |
| 2021 | $800K | $330K | $11.1M | $0 | — | View 990 |
| 2020 | $542K | $431K | $10.6M | $0 | — | — |
| 2018 | $813K | $333K | $9.2M | $0 | — | View 990 |
| 2012 | $190K | $262K | $8.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $496K, expenses of $347K, and assets of $11.4M (revenue -3.5% year-over-year).
- 2022: Revenue of $514K, expenses of $389K, and assets of $11.2M (revenue -35.7% year-over-year).
- 2021: Revenue of $800K, expenses of $330K, and assets of $11.1M (revenue +47.6% year-over-year).
- 2020: Revenue of $542K, expenses of $431K, and assets of $10.6M (revenue -33.3% year-over-year).
- 2018: Revenue of $813K, expenses of $333K, and assets of $9.2M (revenue +327.8% year-over-year).
- 2012: Revenue of $190K, expenses of $262K, and assets of $8.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ruth A Elmore Trust:
Data Sources and Methodology
This transparency report for Ruth A Elmore Trust 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.