Ust Realty Company

Analysis

Ust Realty Company is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ust Realty Company reported income of $2.1m and spending of $2.5m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.0m to $2.1m (-29%), an average of -8.1% a year. The sharpest change came in the year to June 2020, when income rose by 261%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ust Realty Company sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Allegiant Preparatory ($2.1m), Reid Traditional Schools Inc ($2.1m) and Heights Charter School Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $15.2m against liabilities of $1.4m, net assets of $13.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.