Community Foundation Charitable Real Estate Fund

Analysis

Community Foundation Charitable Real Estate Fund is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in June 1998, 28 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 2023, Community Foundation Charitable Real Estate Fund reported income of $621k and spending of $595k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $112.8m to $621k (-99%), an average of -73% a year. The sharpest change came in the year to June 2022, when income rose by 612%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation Charitable Real Estate Fund sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Parliamentary Intelligence - Security Forum Inc ($621k), CSP North America Inc ($621k) and Mt Vernon Koc Club Inc ($621k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 110% of the total. At year end it held assets of $5.4m against liabilities of $0, net assets of $5.4m.