Russian Childrens Welfare Society Inc

Russian Childrens Welfare Society Inc. faces volatile revenues, frequently spending more than it earns, yet maintains substantial assets.

EIN: 135562332 · New York, NY · NTEE: Q330 · Updated: 2026-03-28

$9.7MRevenue
$3.2MGross Revenue
$13.9MAssets
70/100Mission Score (Good)
Q330
Russian Childrens Welfare Society Inc Financial Summary
MetricValue
Total Revenue$9.7M
Total Expenses$1.0M
Program Spending75%
CEO/Top Officer Pay$10
Net Assets$10.9M
Transparency Score70/100

Is Russian Childrens Welfare Society Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Russian Childrens Welfare Society Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Russian Childrens Welfare Society Inc

Russian Childrens Welfare Society Inc (EIN: 135562332) is a nonprofit organization based in New York, NY, classified under NTEE code Q330. The organization reported total revenue of $9.7M and total assets of $13.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Russian Childrens Welfare Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

82Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Russian Childrens Welfare Society Inc is a mid-size nonprofit that has been operating for 82 years, with 13 years of IRS 990 filings on record (2011–2023).

Financial Trends

YearRevenue ChangeExpense ChangeAsset Change
2023-190.6%-13.7%+2.9%
2022-76.8%+5.8%-16.5%
2021+730.0%-4.1%+8.7%
2020-82.2%-44.6%-4.4%
2019-51.4%-15.3%+8.2%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date1944

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Russian Childrens Welfare Society Inc. demonstrates a mixed financial picture with significant fluctuations in revenue over the past several years. While the organization reported a substantial revenue of $9,615,572 in 2017, more recent filings show considerable volatility, including a negative revenue of $-371,689 in 2023 and $410,429 in 2022. Despite these revenue swings, the organization has consistently maintained a healthy asset base, with assets generally above $10 million in recent years, reaching $13,892,863 in its latest reported period. This suggests a strong financial foundation, likely built on prior years' surpluses or endowments, which allows it to continue operations even during periods of lower or negative revenue. Spending efficiency appears to be a concern given the consistent pattern of expenses exceeding revenue in many recent years, such as $1,000,744 in expenses against $-371,689 revenue in 2023, and $1,159,846 in expenses against $410,429 revenue in 2022. This indicates that the organization is frequently drawing down on its reserves to cover operational costs. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing administrative overhead at the executive level, which is a positive indicator of transparency and resource allocation. However, without a detailed breakdown of program, administrative, and fundraising expenses, a full assessment of spending efficiency is challenging. Overall, the organization appears to be transparent regarding executive compensation, with no reported officer compensation. Its ability to maintain significant assets despite revenue fluctuations points to a degree of financial resilience. However, the recurring deficit spending raises questions about long-term financial sustainability if revenue trends do not stabilize and increase. Further detail on the allocation of expenses would provide a clearer picture of its operational efficiency and program focus.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Russian Childrens Welfare Society Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 15%
  • programs: 75%
  • fundraising: 10%

According to IRS 990 filings, Russian Childrens Welfare Society Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$-371,689Total Revenue
$1.0MTotal Expenses
$11.0MTotal Assets
$74KTotal Liabilities
$10.9MNet Assets
  • Debt-to-asset ratio: 0.7%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation, which is highly favorable for resource allocation relative to the organization's asset base of over $10 million.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Russian Childrens Welfare Society Inc's IRS 990 filings:

  • Consistent deficit spending (expenses exceeding revenue) in multiple recent years (e.g., 2023, 2022, 2020, 2019, 2014).
  • Highly volatile revenue, including negative revenue in 2023 ($-371,689), which could indicate significant financial instability or unusual accounting events.
  • Lack of detailed expense breakdown in provided data makes it difficult to assess program efficiency.

Strengths

The following positive indicators were identified for Russian Childrens Welfare Society Inc:

  • Maintains a strong asset base, consistently over $10 million in recent years, providing financial stability despite revenue fluctuations.
  • Reports 0% officer compensation across all filings, indicating a commitment to minimizing executive overhead.
  • Long filing history (13 filings) suggests established operations and compliance.

Frequently Asked Questions about Russian Childrens Welfare Society Inc

Is Russian Childrens Welfare Society Inc a legitimate charity?

Russian Childrens Welfare Society Inc (EIN: 135562332) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $9.7M. 3 red flags identified. 3 strengths noted. Financial health grade: B.

How does Russian Childrens Welfare Society Inc spend its money?

Russian Childrens Welfare Society Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to Russian Childrens Welfare Society Inc tax-deductible?

Russian Childrens Welfare Society Inc is registered as a tax-exempt nonprofit (EIN: 135562332). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Russian Childrens Welfare Society Inc CEO make?

Russian Childrens Welfare Society Inc's highest-compensated officer earns $10 annually. The organization reported $9.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Russian Childrens Welfare Society Inc's spending goes to programs?

Russian Childrens Welfare Society Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Russian Childrens Welfare Society Inc compare to similar nonprofits?

With a transparency score of 70/100 (Good), Russian Childrens Welfare Society Inc is above average for NTEE category Q330 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Russian Childrens Welfare Society Inc located?

Russian Childrens Welfare Society Inc is headquartered in New York, New York and files with the IRS under EIN 135562332. It is classified under NTEE code Q330.

How many years of IRS 990 filings does Russian Childrens Welfare Society Inc have?

Russian Childrens Welfare Society Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $9.7M in total revenue.

Is Russian Childrens Welfare Society Inc. financially sustainable given its recent revenue deficits?

The organization has consistently spent more than its revenue in recent years (e.g., $1,000,744 expenses vs. $-371,689 revenue in 2023), indicating reliance on its substantial asset base ($10,963,039 in 2023) to cover operations. While assets provide a buffer, this trend is not sustainable long-term without increased revenue or reduced expenses.

What caused the significant revenue fluctuations, particularly the negative revenue in 2023?

The filings show extreme revenue volatility, from $9,615,572 in 2017 to $-371,689 in 2023. Without access to the detailed IRS Form 990, the specific reasons for these fluctuations, especially negative revenue (which often indicates significant investment losses or returns of contributions), cannot be determined from the provided data.

How does the organization allocate its expenses between programs, administration, and fundraising?

The provided data only lists total expenses. A detailed breakdown of how the $1,000,744 in expenses (2023) or $1,159,846 (2022) is allocated among program services, administrative costs, and fundraising efforts is not available in the summary data.

Filing History

IRS 990 filing history for Russian Childrens Welfare Society Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Russian Childrens Welfare Society Inc's revenue has declined by 136.3%, moving from $1.0M to $-371,689. Total assets increased by 150.3% over the same period, from $4.4M to $11.0M. Total functional expenses fell by 23.1%, from $1.3M to $1.0M. The organization holds $74K in liabilities against $11.0M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $10.9M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $-371,689 $1.0M $11.0M $74K
2022 $410K $1.2M $10.7M $113K View 990
2021 $1.8M $1.1M $12.8M $78K View 990
2020 $214K $1.1M $11.7M $52K View 990
2019 $1.2M $2.1M $12.3M $43K View 990
2018 $2.5M $2.4M $11.4M $40K View 990
2017 $9.6M $2.7M $12.0M $35K View 990
2016 $1.6M $1.9M $4.6M $53K View 990
2015 $1.7M $1.7M $3.6M $42K View 990
2014 $1.4M $1.8M $3.7M $20K View 990
2013 $1.4M $1.7M $4.1M $41K View 990
2012 $1.8M $1.3M $4.5M $60K View 990
2011 $1.0M $1.3M $4.4M $33K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $-371,689, expenses of $1.0M, and assets of $11.0M (revenue -190.6% year-over-year).
  • 2022: Revenue of $410K, expenses of $1.2M, and assets of $10.7M (revenue -76.8% year-over-year).
  • 2021: Revenue of $1.8M, expenses of $1.1M, and assets of $12.8M (revenue +730.0% year-over-year).
  • 2020: Revenue of $214K, expenses of $1.1M, and assets of $11.7M (revenue -82.2% year-over-year).
  • 2019: Revenue of $1.2M, expenses of $2.1M, and assets of $12.3M (revenue -51.4% year-over-year).
  • 2018: Revenue of $2.5M, expenses of $2.4M, and assets of $11.4M (revenue -74.3% year-over-year).
  • 2017: Revenue of $9.6M, expenses of $2.7M, and assets of $12.0M (revenue +494.3% year-over-year).
  • 2016: Revenue of $1.6M, expenses of $1.9M, and assets of $4.6M (revenue -5.4% year-over-year).
  • 2015: Revenue of $1.7M, expenses of $1.7M, and assets of $3.6M (revenue +23.0% year-over-year).
  • 2014: Revenue of $1.4M, expenses of $1.8M, and assets of $3.7M (revenue -2.0% year-over-year).
  • 2013: Revenue of $1.4M, expenses of $1.7M, and assets of $4.1M (revenue -20.8% year-over-year).
  • 2012: Revenue of $1.8M, expenses of $1.3M, and assets of $4.5M (revenue +74.8% year-over-year).
  • 2011: Revenue of $1.0M, expenses of $1.3M, and assets of $4.4M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Russian Childrens Welfare Society Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Russian Childrens Welfare Society Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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