Ross Family Ministries Inc

Analysis

Ross Family Ministries Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Family Ministries Inc reported income of $106k and spending of $121k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $89k to $106k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ross Family Ministries Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within NC. Charities of a similar size with the same main cause include Sam Moore Evangelistic Ministries Inc ($106k), Crosstrek Ministries ($106k) and Engage Arlington ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $62k (52% of expenses). At year end it held assets of $38k against liabilities of $0, net assets of $38k. It reported 1 employees.