Real Estate Research Institute

Analysis

Real Estate Research Institute is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in August 1988, 38 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 December 2023, Real Estate Research Institute reported income of $183k and spending of $173k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $179k to $183k (+2.0%), an average of +2.0% a year. Over the whole period it spent 94% 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 Research Institute sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within CT. Charities of a similar size with the same main cause include Community Empowerment Project ($183k), Knights of Columbus Mental Retarda- Tion Foundation of Nebraska Inc ($183k) and Hispanic Chamber of Commerce of Orange County Education Foundation ($183k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 3.2% of the total. At year end it held assets of $443k against liabilities of $68k, net assets of $374k.