Russ Lyon Charitable Foundation

Analysis

Russ Lyon Charitable Foundation is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Russ Lyon Charitable Foundation reported income of $144k and spending of $134k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $151k to $144k (-4.6%), an average of -4.6% a year. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Russ Lyon Charitable Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within AZ. Charities of a similar size with the same main cause include Westhoff Community Club ($144k), Community Matters 2 Inc ($144k) and On Ramps Economic Development Corporation ($144k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $95k against liabilities of $3,130, net assets of $91k.