Free Russia Foundation

Analysis

Free Russia Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Free Russia Foundation reported income of $5.1m and spending of $4.7m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $5.1m (+133%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 88% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Free Russia Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 80th percentile within DC. Charities of a similar size with the same main cause include Amigos de Las Americas ($5.1m), American Secondary Schools for Internatl Students & Teachers Inc ($5.1m) and Foreign Policy Association Incorporated ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $226k (4.8% of expenses). Other salaries and wages came to $7,191. At year end it held assets of $2.0m against liabilities of $1.0m, net assets of $1.0m. It reported 2 employees.