Russell J Efros Foundation Inc

Analysis

Russell J Efros Foundation Inc is a registered charity in United States, based in Roslyn, NY. It received its IRS tax-exemption ruling in June 2019, 7 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 (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 J Efros Foundation Inc reported income of $605k and spending of $296k, leaving 51% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $605k (+966%), an average of +966% a year. The sharpest change came in the year to December 2023, when income rose by 966%. Over the whole period it spent 51% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Russell J Efros Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Duluth Art Institute Association ($604k), Education Foundation of the Louisiana Restaurant Assoc Inc ($605k) and Playful People Productions ($604k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% of the total. Other salaries and wages came to $115k. At year end it held assets of $435k against liabilities of $23k, net assets of $413k. It reported 1 employees.