Tennessee Real Estate Educational Foundation Inc

Analysis

Tennessee Real Estate Educational Foundation Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in September 1974, 52 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tennessee Real Estate Educational Foundation Inc reported income of $82k and spending of $63k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $121k to $82k (-32%), an average of -9.2% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 70% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tennessee Real Estate Educational Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within TN. Charities of a similar size with the same main cause include Grand Junction Kiwanis Foundation ($82k), Norwich Rotary Foundation Inc ($82k) and Sweet Auburn Works ($82k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 91% of the total. At year end it held assets of $677k against liabilities of $0, net assets of $677k.