The Raymond F Russell Fund
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
The Raymond F Russell Fund is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 1993, with $24,122 in FY2024 revenue. CharityIndex grades it F.
Po Box 185, Pittsburgh, PA, 15230 EIN 23-6409254 Since 1993
Revenue (FY2024)
$24K
▼ 25.0% vs prior year
Expenses (FY2024)
$42K
Net assets
$629K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for The Raymond F Russell Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating181 mo reserves · -73% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Raymond F Russell Fund: 181 mo reserves · -73% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for The Raymond F Russell Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Raymond F Russell Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 185, Pittsburgh, PA, 15230
- City
- Pittsburgh
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $46K (FY2018) to $24K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $629K
Operating margin
-72.5%
Spent more than it raised in the latest fiscal year.
Total assets
$629K
Total liabilities
$0
Net assets
$629K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $24,122▼25.0% | $41,619▲2.4% | $629,478▼2.7% | $629,478▼2.7% | 990PF |
| 2023 | $32,160▲114% | $40,642▼9.4% | $646,940▼1.3% | $646,940▼1.3% | 990PF |
| 2022 | $15,063▼86.3% | $44,874▼0.5% | $655,504▼4.3% | $655,504▼4.3% | 990PF |
| 2021 | $109,897▲70.1% | $45,119▲5.3% | $685,296▲10.4% | $685,296▲10.4% | 990PF |
| 2020 | $64,603▲41.7% | $42,860▼12.1% | $620,590▲1.8% | $620,590▲1.8% | 990PF |
| 2018 | $45,602 | $48,765 | $609,793 | $609,793 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is The Raymond F Russell Fund a legitimate nonprofit?
- Yes. The Raymond F Russell Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-6409254, based in Pittsburgh, Pennsylvania. Donations are tax-deductible.
- What is The Raymond F Russell Fund's EIN?
- The Raymond F Russell Fund's Employer Identification Number (EIN) is 23-6409254.
- How much revenue does The Raymond F Russell Fund report?
- The Raymond F Russell Fund reported $24,122 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The Raymond F Russell Fund have?
- CharityIndex grades The Raymond F Russell Fund F, based on financial health (reserves and operating margin).
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Data for The Raymond F Russell Fund (EIN 23-6409254) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.