Germans From Russia Heritage Society

Analysis

Germans From Russia Heritage Society is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in May 1975, 51 years ago. 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, Germans From Russia Heritage Society reported income of $477k and spending of $265k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $276k to $477k (+73%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 130%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Germans From Russia Heritage Society sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within ND. Charities of a similar size with the same main cause include Lutheran Social Services of Northwestern Ohio Foundation ($477k), Perry County Non-Profit Housing Corporation ($477k) and American Society for Legal History ($477k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 3.9% of the total. Other salaries and wages came to $92k. At year end it held assets of $2.5m against liabilities of $5,999, net assets of $2.5m. It reported 5 employees.