CFNV Charitable Real Estate Fund

Analysis

CFNV Charitable Real Estate Fund is a registered charity in United States, based in Napa, CA. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, CFNV Charitable Real Estate Fund reported income of $325k and spending of $331k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $341k to $325k (-4.5%), an average of -1.2% a year. The sharpest change came in the year to June 2022, when income rose by 611%. Over the whole period it spent 53% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, CFNV Charitable Real Estate Fund sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include JCC Foundation Inc ($325k), Intero Foundation ($325k) and Keller Band Boosters Inc ($325k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $4.0m against liabilities of $777k, net assets of $3.2m.