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DEMOGRAPHIC

ADDRESS
PO BOX 660
06457
COUNTY
middlesex county, CT
IN CARE OF NAME
GLENN RUSSO

ORGANIZATIONAL OVERVIEW & RANKINGS

RUSSO FOUNDATION INC is a based in MIDDLETOWN, CT, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Independent Foundations. Established in February 2014, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $9,054,912.00, this ranks 62,564 among 2,656,690 nonprofits nationally (Top 3%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 1,021 out of 30,943 organizations in CT (Top 4%).

In middlesex county, CT, the organization ranks 31 out of 1,545 nonprofits by assets (Top 2%), while locally in middletown, it stands at 14 among 398 organizations (Top 4%).

The organization reported no revenue in the most recent filing period, placing it at 1,808,783 nationally and 26,406 in CT.

Within its specific NTEE classification (T22 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 25,677 similar organizations, RUSSO FOUNDATION INC ranks 2,111 in assets (Top 9%) and 7,957 in revenue (Top 31%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2011 and was reinstated on September 15, 2013 .

The organization files a 990 - Not required to file(all other) and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T22: Private Independent Foundations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
25: Organization terminating its private foundation status under section 507(b)(1)(B) of the Code

FINANCIALS

Note: A past revocation appears on the IRS revocation list
Revoked: Sunday, May 15, 2011;
Reinstated: Sunday, September 15, 2013
Data current as of Oct. 2024
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$781,490.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
02/2014
ASSET CODE
7: $5,000,000 to $9,999,999
ASSET AMOUNT
$9,054,912.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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