Christian Brothers Real Estate Supporting Organization

Analysis

Christian Brothers Real Estate Supporting Organization is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in June 2010, 16 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 July 2023, Christian Brothers Real Estate Supporting Organization reported income of $119k and spending of $433k, spending 364% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $119k to $119k (+0.0%), an average of +0.0% a year. Over the whole period it spent 349% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Christian Brothers Real Estate Supporting Organization sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within LA. Charities of a similar size with the same main cause include Tyler Hispanic Business Alliance ($119k), Bring Back the Trades Inc ($119k) and Owego Apalachin Booster Club Inc C/O Owego Free Academy Athletic ($119k).

At year end it held assets of $5.4m against liabilities of $8.6m, net assets of -$3.2m.

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.