The Rose

Analysis

The Rose is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, The Rose reported income of $15.5m and spending of $15.3m, spending 99% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $13.9m to $15.5m (+12%), an average of +3.8% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Rose sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Interfaith Outreach and Community Partners ($15.5m), Echo Community Health Care Inc ($15.5m) and National Partnership for Women and Families Inc ($15.5m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 34% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $408k (2.7% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $18.8m against liabilities of $4.0m, net assets of $14.8m. It reported 154 employees.