Revitalize Russell Inc

Analysis

Revitalize Russell Inc is a registered charity in United States, based in Russell, KY. It received its IRS tax-exemption ruling in November 2021, 5 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, Revitalize Russell Inc reported income of $217k and spending of $285k, spending 132% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $24k to $217k (+812%), an average of +202% a year. The sharpest change came in the year to December 2023, when income rose by 297%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Revitalize Russell Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within KY. Charities of a similar size with the same main cause include Worcester Interfaith ($217k), Links to Success ($217k) and WMCF Support TR ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $882 against liabilities of $0, net assets of $882.