RUBIES: A Spectroscopic Census of Little Red Dots; All V-Shaped Point Sources Have Broad Lines
The physical nature of Little Red Dots (LRDs) - a population of compact, red galaxies revealed by JWST - remains unclear. Photometric samples are constructed from varying selection criteria with limited spectroscopic follow-up available to test intrinsic spectral shapes and prevalence of broad emission lines. We use the RUBIES survey, a large spectroscopic program with wide color-morphology coverage and homogeneous data quality, to systematically analyze the emission-line kinematics, spectral shapes, and morphologies of $\sim$1500 galaxies at $z > 3.1$. We identify broad Balmer lines via a novel fitting approach that simultaneously models NIRSpec/PRISM and G395M spectra, yielding 80 broad-line sources with 28 (35%) at $z > 6$. A large subpopulation naturally emerges from the broad Balmer line sources, with 36 exhibiting `v-shaped' UV-to-optical continua and a dominant point source component in the rest-optical; we define these as spectroscopic LRDs, constituting the largest such sample to date. Strikingly, the spectroscopic LRD population is largely recovered when either a broad line or rest-optical point source is required in combination with a v-shaped continuum, suggesting an inherent link between these three defining characteristics. We compare the spectroscopic LRD sample to published photometric searches. Although these selections have high accuracy, down to $\rm F444W<26.5$, only 50-62% of the RUBIES LRDs were previously identified. The remainder were missed due to a mixture of faint rest-UV photometry, comparatively blue rest-optical colors, or highly uncertain photometric redshifts. Our findings highlight that well-selected spectroscopic campaigns are essential for robust LRD identification, while photometric criteria require refinement to capture the full population.