Association of Russian Explorers Outside of Russia Inc

Analysis

Association of Russian Explorers Outside of Russia Inc is a registered charity in United States, based in Wallkill, NY. It received its IRS tax-exemption ruling in March 1972, 54 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Association of Russian Explorers Outside of Russia Inc reported income of $169k and spending of $213k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $119k to $169k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2020, when income rose by 757%. Over the whole period it spent 39% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Association of Russian Explorers Outside of Russia Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Montville Baseball & Softball Assoc Inc ($169k), Aikido Schools of Ueshiba ($169k) and Riverdale Soccer Club Inc ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.6% and program service revenue 92% of the total. At year end it held assets of $655k against liabilities of $2,873, net assets of $652k.