Appraisal Institute Education and Relief Foundation

Analysis

Appraisal Institute Education and Relief Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 1964, 62 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Appraisal Institute Education and Relief Foundation reported income of $266k and spending of $390k, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $295k to $266k (-9.8%), an average of -2.6% a year. The sharpest change came in the year to December 2023, when income dropped by 46%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Appraisal Institute Education and Relief Foundation 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 59th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Wvma Educational Fund Inc ($266k), Panther Creek High School Athletic Booster Club ($266k) and Community School Collaborative ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $7.7m against liabilities of $8,331, net assets of $7.7m.