Erudite Russian Language Educationa L and Cultural Center Inc

Analysis

Erudite Russian Language Educationa L and Cultural Center Inc is a registered charity in United States, based in Germantown, MD. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Erudite Russian Language Educationa L and Cultural Center Inc reported income of $458k and spending of $419k, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $452k to $458k (+1.2%), an average of +0.4% a year. The sharpest change came in the year to June 2021, when income dropped by 46%. 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, Erudite Russian Language Educationa L and Cultural Center Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MD. Charities of a similar size with the same main cause include Tennessee Health Occupation Students of America ($458k), Tall Oaks Academy Inc ($458k) and Masters Study Inc ($458k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $98k (23% of expenses). Other salaries and wages came to $223k. At year end it held assets of $77k against liabilities of $0, net assets of $77k. It reported 54 employees.