Ross Mathematics Foundation
Analysis
Ross Mathematics Foundation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Mathematics Foundation reported income of $865k and spending of $745k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $469k to $865k (+84%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 88% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Ross Mathematics 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 78th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include Sera Jey Foundation ($865k), Cobb County Public Schools Educational Foundation Inc ($865k) and Pipeliners Association of Houston Educational Fund ($864k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $42k (5.6% of expenses). Other salaries and wages came to $358k. At year end it held assets of $316k against liabilities of $0, net assets of $316k.
Income and spending
Where the income comes from
- Contributions & grants 11%
- Program services 88%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sera Jey Foundation | El Cerrito | $865k |
| Cobb County Public Schools Educational Foundation Inc | Marietta | $865k |
| Pipeliners Association of Houston Educational Fund | Houston | $864k |
| Education Leads to Success Foundation | Bartonville | $865k |