Birmingham Group Realty Inc

Analysis

Birmingham Group Realty Inc is a registered charity in United States, based in North Haven, CT. It received its IRS tax-exemption ruling in August 2007, 19 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 2024, Birmingham Group Realty Inc reported income of $9.2m and spending of $834k, leaving 91% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.5m to $9.2m (+529%), an average of +44% a year. The sharpest change came in the year to June 2024, when income rose by 1149%. Over the whole period it spent 33% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Birmingham Group Realty 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 94th percentile within CT. Charities of a similar size with the same main cause include Walker Area Community Foundation ($9.2m), Central Florida Foundation Inc ($9.2m) and Roman Catholic Foundation of Eastern Missouri ($9.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 7.2% of the total. At year end it held assets of $17.7m against liabilities of $3.7m, net assets of $14.0m.