The Counselors of Real Estate Foundation

Analysis

The Counselors of Real Estate Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 1965, 61 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Counselors of Real Estate Foundation reported income of $79k and spending of $48k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $57k to $79k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2020, when income rose by 188%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Counselors of Real Estate Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within IL. Charities of a similar size with the same main cause include Better Middlebury Partnership Inc ($79k), Friends of the Waccamaw Library Inc ($79k) and Central Va Found for Economic Education & Improvement Incorp ($79k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $1.7m against liabilities of $3,543, net assets of $1.7m.