Real Estate Practitioners Institute of Long Island

Analysis

Real Estate Practitioners Institute of Long Island is a registered charity in United States, based in Stony Brook, NY. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Real Estate Practitioners Institute of Long Island reported income of $109k and spending of $124k, spending 114% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $118k to $109k (-7.6%), an average of -7.6% a year. Over the whole period it spent 106% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Real Estate Practitioners Institute of Long Island sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Upper McKenzie Community Center ($109k), Maryville Kiwanis Foundation ($109k) and Pocono Northeast Development Fund ($109k).

On its Form 990-EZ for the period ending August 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.