Russian School of Austin

Analysis

Russian School of Austin is a registered charity in United States, based in Round Rock, TX. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 School of Austin reported income of $91k and spending of $90k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $122k to $91k (-26%), an average of -7.1% a year. The sharpest change came in the year to December 2020, when income dropped by 31%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Russian School of Austin sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include Kemp Elementary School Foundation Inc ($91k), Barfield Elementary ($91k) and Jasper Band Boosters ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $6,297 (7.0% of expenses). At year end it held assets of $4,197 against liabilities of $0, net assets of $4,197.