Ross Foundation

Analysis

Ross Foundation is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2023, Ross Foundation reported income of $409k and spending of $301k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $208k to $409k (+97%), an average of +97% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 77% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Ross Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include Youth for Christ USA Inc ($408k), Acts 4youth Incorporated ($409k) and Police Activities League of Southwest Washington ($408k).

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 $39k (13% of expenses). At year end it held assets of $151k against liabilities of $11k, net assets of $140k.