Bob C Ross Ministries Inc

Analysis

Bob C Ross Ministries Inc is a registered charity in United States, based in Heath, TX. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2022, Bob C Ross Ministries Inc reported income of $130k and spending of $137k, spending 105% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income fell from $205k to $130k (-36%), an average of -20% a year. The sharpest change came in the year to December 2021, when income dropped by 60%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bob C Ross Ministries Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Project Adopt a Village International Ministries ($130k), Poland Evangelical Mission ($130k) and Tora Enlightenment Inc ($130k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $32k (23% of expenses). Other salaries and wages came to $9,745. At year end it held assets of $74k against liabilities of $40k, net assets of $34k. It reported 1 employees.