Chicago Association of Realtors Educational Foundation Inc

Analysis

Chicago Association of Realtors Educational Foundation Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Chicago Association of Realtors Educational Foundation Inc reported income of $267k and spending of $228k, spending 86% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $318k to $267k (-16%), an average of -4.3% a year. The sharpest change came in the year to September 2022, when income dropped by 36%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chicago Association of Realtors Educational Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Ed3 Galaxy ($267k), Bagaduce Music Lending Library ($267k) and Marion Wetzel Irr TR Fbo LC College Scholarship ($267k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $1.2m against liabilities of $23k, net assets of $1.2m.