Rossmoor Fund

Analysis

Rossmoor Fund is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rossmoor Fund reported income of $248k and spending of $201k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $248k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 53% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rossmoor Fund sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Riverside Manor Inc ($248k), Food for Life Ministry Inc ($248k) and Australian-American Leadership Dialogue Foundation Inc ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $867k against liabilities of $600, net assets of $867k.