Russian History Foundation

Analysis

Russian History Foundation is a registered charity in United States, based in Jordanville, NY. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Russian History Foundation reported income of $293k and spending of $156k, leaving 47% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $232k to $293k (+26%), an average of +8.1% a year. The sharpest change came in the year to June 2021, when income rose by 90%. Over the whole period it spent 43% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Russian History Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Sarpy County Historical Society ($293k), Advocates for Indigenous California Language Survival ($293k) and Rocky Mountain Repertorey Theatre ($293k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 9.2% of the total. Compensation of current officers, directors and key employees was $52k (33% of expenses). Other salaries and wages came to $22k. At year end it held assets of $844k against liabilities of $18k, net assets of $826k.