Russell Wilson Foundation

Analysis

Russell Wilson Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Russell Wilson Foundation reported income of $2.2m and spending of $2.4m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.2m (+63%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Russell Wilson Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within WA. Charities of a similar size with the same main cause include Rappahannock Area Agency on Aging Inc ($2.2m), YWCA Mahoning Valley ($2.2m) and Rocky Mountain Kids Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $21k (0.9% of expenses). Other salaries and wages came to $144k. At year end it held assets of $46k against liabilities of $24k, net assets of $23k. It reported 3 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.