Is The Ross Institute Inc Legit?

The Ross Institute Inc. demonstrates a concerning trend of declining revenue and increasing deficits over the past several years. In the most recent filing (202306), the organization reported revenue of $28,637,193 against expenses of $34,118,336, resulting in a deficit of over $5 million. This continues a pattern seen in 202206 (revenue $24,615,491, expenses $34,673,518) and 202106 (revenue $23,703,181, expenses $30,162,237). Assets have also significantly decreased, from a high of $112,166,658 in 201406 to $60,786,215 in 202306, indicating a substantial draw on reserves. While the organization consistently reports 0% officer compensation, which is a positive for transparency regarding executive pay, the overall financial health appears to be deteriorating, with expenses consistently outstripping revenue. The sustained operational deficits and the substantial reduction in assets raise questions about the long-term sustainability and financial management of the institute. A detailed breakdown of spending efficiency (program vs. administrative vs. fundraising) is not provided in the summary data, making a full assessment of spending efficiency challenging without further detail from the 990 forms.