Ross Charitable Foundation
Ross Charitable Foundation consistently spends more than it earns, drawing down on its asset base.
EIN: 205309346 · Tulsa, OK · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $237K |
| Total Expenses | $43K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.2M |
| Transparency Score | 65/100 |
Is Ross Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ross Charitable Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ross Charitable Foundation
Ross Charitable Foundation (EIN: 205309346) is a nonprofit organization based in Tulsa, OK, classified under NTEE code T20. The organization reported total revenue of $237K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ross Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ross Charitable Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -37.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $43K |
| Surplus / Deficit | $-41,469 |
| Total Assets | $1.2M |
| Total Liabilities | $7K |
| Net Assets | $1.2M |
| Operating Margin | -2279.8% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 331.2 months |
Financial Health Grade: B
In 2023, Ross Charitable Foundation reported a deficit of $41K with expenses exceeding revenue, holds 331.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Ross Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -37.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -91.5% | -48.5% | +6.6% |
| 2022 | -10.4% | +265.5% | -20.3% |
| 2021 | +45.7% | -59.3% | +12.4% |
| 2020 | -27.6% | -20.1% | +0.0% |
| 2019 | -92.0% | -71.1% | -24.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ross Charitable Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Ross Charitable Foundation allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $41K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or directors are compensated, which is highly favorable for a foundation of its size with assets over $1 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Ross Charitable Foundation's IRS 990 filings:
- Consistent deficit spending, with expenses frequently exceeding revenue (e.g., $43,288 expenses vs. $1,819 revenue in 2023).
- Significant decline in assets from a peak of $1,955,402 in 2014 to $1,239,263 currently, indicating asset depletion.
Strengths
The following positive indicators were identified for Ross Charitable Foundation:
- Zero officer compensation reported across all filings, indicating efficient use of funds at the executive level.
- Maintains a substantial asset base of over $1.2 million, providing a buffer for its operations.
Frequently Asked Questions about Ross Charitable Foundation
Is Ross Charitable Foundation a legitimate charity?
Ross Charitable Foundation (EIN: 205309346) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $237K. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Ross Charitable Foundation spend its money?
Ross Charitable Foundation directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Ross Charitable Foundation tax-deductible?
Ross Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 205309346). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ross Charitable Foundation CEO make?
Ross Charitable Foundation's highest-compensated officer earns $1 annually. The organization reported $237K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Ross Charitable Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Ross Charitable Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ross Charitable Foundation located?
Ross Charitable Foundation is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 205309346. It is classified under NTEE code T20.
How many years of IRS 990 filings does Ross Charitable Foundation have?
Ross Charitable Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $237K in total revenue.
What is the Ross Charitable Foundation's primary grantmaking focus?
The provided data does not specify the types of programs or organizations the Ross Charitable Foundation supports through its grants. Further investigation into their grant recipients would be necessary.
How does the foundation sustain its operations given consistent deficit spending?
The foundation appears to sustain its operations by drawing down on its substantial asset base, as evidenced by expenses frequently exceeding revenue (e.g., $43,288 expenses vs. $1,819 revenue in 2023).
What is the long-term strategy for revenue generation or asset management?
The provided data does not detail the foundation's strategy for generating new revenue or managing its assets to ensure long-term sustainability, especially given the trend of expenses exceeding revenue.
Filing History
IRS 990 filing history for Ross Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ross Charitable Foundation's revenue has declined by 99.7%, moving from $542K to $2K. Total assets decreased by 23.9% over the same period, from $1.6M to $1.2M. Total functional expenses fell by 77.2%, from $190K to $43K. In its most recent filing year (2023), Ross Charitable Foundation reported a deficit of $41K, with expenses exceeding revenue. The organization holds $7K in liabilities against $1.2M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2K | $43K | $1.2M | $7K | — | — |
| 2022 | $21K | $84K | $1.1M | $12K | — | View 990 |
| 2021 | $24K | $23K | $1.4M | $1 | — | — |
| 2020 | $16K | $57K | $1.3M | $1 | — | — |
| 2019 | $23K | $71K | $1.3M | $25K | — | View 990 |
| 2015 | $283K | $245K | $1.6M | $0 | — | View 990 |
| 2014 | $289K | $144K | $2.0M | $284K | — | View 990 |
| 2013 | $183K | $148K | $1.8M | $316K | — | View 990 |
| 2012 | $37K | $163K | $1.4M | $0 | — | View 990 |
| 2011 | $542K | $190K | $1.6M | $361 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2K, expenses of $43K, and assets of $1.2M (revenue -91.5% year-over-year).
- 2022: Revenue of $21K, expenses of $84K, and assets of $1.1M (revenue -10.4% year-over-year).
- 2021: Revenue of $24K, expenses of $23K, and assets of $1.4M (revenue +45.7% year-over-year).
- 2020: Revenue of $16K, expenses of $57K, and assets of $1.3M (revenue -27.6% year-over-year).
- 2019: Revenue of $23K, expenses of $71K, and assets of $1.3M (revenue -92.0% year-over-year).
- 2015: Revenue of $283K, expenses of $245K, and assets of $1.6M (revenue -2.3% year-over-year).
- 2014: Revenue of $289K, expenses of $144K, and assets of $2.0M (revenue +58.5% year-over-year).
- 2013: Revenue of $183K, expenses of $148K, and assets of $1.8M (revenue +390.5% year-over-year).
- 2012: Revenue of $37K, expenses of $163K, and assets of $1.4M (revenue -93.1% year-over-year).
- 2011: Revenue of $542K, expenses of $190K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ross Charitable Foundation:
Data Sources and Methodology
This transparency report for Ross Charitable Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.