Russian Center of San Francisco

Analysis

Russian Center of San Francisco is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 1994, 32 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 December 2023, Russian Center of San Francisco reported income of $258k and spending of $412k, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $597k to $258k (-57%), an average of -19% a year. The sharpest change came in the year to December 2021, when income dropped by 60%. Over the whole period it spent 136% 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 Center of San Francisco sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Federation of Cypriot American Organizations Inc ($258k), Gaelic American Athletic Associatio N of Buffalo Ny Inc ($259k) and Association for Asian American Studies ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 69% of the total. Other salaries and wages came to $173k. At year end it held assets of $1.9m against liabilities of $10k, net assets of $1.9m. It reported 5 employees.

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.