Russell Manor

Analysis

Russell Manor is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Manor reported income of $623k and spending of $775k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $538k to $623k (+16%), an average of +3.7% a year. Over the whole period it spent 134% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Russell Manor sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CO. Charities of a similar size with the same main cause include Salvation Army North Las Vegas Residences Inc ($623k), Visalia Senior Housing II Inc ($623k) and U Snap Bac Inc ($623k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 38% of the total. At year end it held assets of $1.4m against liabilities of $801k, net assets of $554k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.