Rostov Media Foundation

Analysis

Rostov Media Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2015, 11 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, Rostov Media Foundation reported income of $215k and spending of $271k, spending 126% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $221k to $215k (-2.6%), an average of -0.9% a year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 114% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rostov Media Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Garden Grove Community Foundation Inc ($215k), Duniway Educational Foundation ($215k) and Rotary Florida Pets Inc ($215k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $4,926 against liabilities of $212k, net assets of -$207k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.