American Real Estate Society

Analysis

American Real Estate Society is a registered charity in United States, based in Athens, OH. It received its IRS tax-exemption ruling in April 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Real Estate Society reported income of $376k and spending of $419k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $514k to $376k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Real Estate Society sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within OH. Charities of a similar size with the same main cause include California Saca Foundation ($376k), Institute of Transportation Engineers Educational Foundation ($376k) and Big Brothers Big Sisters of the Black Hills ($376k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 62% of the total. At year end it held assets of $1.2m against liabilities of $26k, net assets of $1.2m.