Ross Lynn Charitable Foundation Inc

Analysis

Ross Lynn Charitable Foundation Inc is a registered charity in United States, based in Ruston, LA. It received its IRS tax-exemption ruling in August 2015, 11 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, Ross Lynn Charitable Foundation Inc reported income of $1.3m and spending of $132k, leaving 90% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $102k to $1.3m (+1190%), an average of +90% a year. The sharpest change came in the year to December 2023, when income rose by 1142%. Over the whole period it spent 29% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ross Lynn Charitable Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within LA. Charities of a similar size with the same main cause include Open Doors Organization ($1.3m), Hereford Senior Citizen Assoc ($1.3m) and Alliance for Independence Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.2% of the total. Other salaries and wages came to $67k. At year end it held assets of $1.4m against liabilities of $66k, net assets of $1.3m. It reported 1 employees.