Vsu Auxiliary Services Real Estatefoundation Inc

Analysis

Vsu Auxiliary Services Real Estatefoundation Inc is a registered charity in United States, based in Valdosta, GA. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2022, Vsu Auxiliary Services Real Estatefoundation Inc reported income of $10.2m and spending of $7.6m, leaving 25% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $7.4m to $10.2m (+38%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 119% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Vsu Auxiliary Services Real Estatefoundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Pikes Peak Real Estate Foundation Inc ($10.2m), Capital Area Housing Partnership ($10.2m) and Bethany House Services Inc ($10.1m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 99% of the total. At year end it held assets of $159.7m against liabilities of $150.4m, net assets of $9.2m.