Will of Herbert Ross Deceased of the Trust Created by Item IV

Analysis

Will of Herbert Ross Deceased of the Trust Created by Item IV is a registered charity in United States, based in Lebanon, OH. It received its IRS tax-exemption ruling in July 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, Will of Herbert Ross Deceased of the Trust Created by Item IV reported income of $118k and spending of $20k, leaving 83% of income unspent that year. Across the 3 years on record, from September 2022 to September 2024, income grew from $30k to $118k (+293%), an average of +98% a year. The sharpest change came in the year to September 2024, when income rose by 1167%. Over the whole period it spent 40% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Will of Herbert Ross Deceased of the Trust Created by Item IV sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include Reynoldstown Civic Improvement League Inc ($118k), Highspring Cares ($118k) and Associates of Vietnam Veterans of America Inc ($118k).

Compensation of current officers, directors and key employees was $2,552 (13% of expenses). At year end it held assets of $306k against liabilities of $0, net assets of $306k.