Rusfond USA Inc

Analysis

Rusfond USA Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Rusfond USA Inc reported income of $215k and spending of $296k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $90k to $215k (+139%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 614%. Over the whole period it spent 161% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rusfond USA Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Pregnancy Center of Champaign County Inc ($215k), Santa Fe Birth Center ($215k) and Health Development Corporation ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $100k (34% of expenses). At year end it held assets of $64k against liabilities of $337k, net assets of -$274k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.