Chillicothe-Ross Community Foundation Inc

Analysis

Chillicothe-Ross Community Foundation Inc is a registered charity in United States, based in Chillicothe, OH. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Chillicothe-Ross Community Foundation Inc reported income of $2.3m and spending of $690k, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $958k to $2.3m (+136%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 44% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chillicothe-Ross Community Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Grantmakers Concerned with Immigrants and Refugees ($2.3m), Build a Miracle ($2.3m) and White Horse Relief Center ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $41k (5.9% of expenses). At year end it held assets of $12.2m against liabilities of $0, net assets of $12.2m.