Russian Educational Center Bookvarel Inc

Analysis

Russian Educational Center Bookvarel Inc is a registered charity in United States, based in Mason, OH. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Russian Educational Center Bookvarel Inc reported income of $215k and spending of $210k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $205k to $215k (+5.0%), an average of +2.5% a year. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Russian Educational Center Bookvarel Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Twin Cities Media Alliance ($215k), Oil City Civic Center Inc ($215k) and Ten Thousand Villages Lincoln Inc ($215k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $67k (32% of expenses). Other salaries and wages came to $51k. At year end it held assets of $40k against liabilities of $0, net assets of $40k.