Norma J Ross Memorial Foundation

Analysis

Norma J Ross Memorial Foundation is a registered charity in United States, based in Centerville, OH. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Norma J Ross Memorial Foundation reported income of $154k and spending of $184k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $350k to $154k (-56%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 322%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Norma J Ross Memorial Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OH. Charities of a similar size with the same main cause include TLC Room and Board Inc ($154k), Carroll County Caring Hands Inc ($154k) and Davidson County Mental Health and Veterans Court Assistance ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. It paid $3,574 in professional fundraising fees. At year end it held assets of $357k against liabilities of $0, net assets of $357k.