Realtor Scholarship Fund

Analysis

Realtor Scholarship Fund is a registered charity in United States, based in Royal Oak, MI. It received its IRS tax-exemption ruling in November 1984, 42 years ago. 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 December 2023, Realtor Scholarship Fund reported income of $153k and spending of $85k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $153k (+67%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 515%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Realtor Scholarship Fund sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within MI. Charities of a similar size with the same main cause include Healthy Harrison Incorporated ($153k), General Federation of Womens Club ($153k) and PTA Florida Congress ($153k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.