Real Estate One Charitable FDN

Analysis

Real Estate One Charitable FDN is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Real Estate One Charitable FDN reported income of $243k and spending of $245k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $472k to $243k (-49%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 113%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Real Estate One Charitable FDN sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MI. Charities of a similar size with the same main cause include Cura Smiles Inc ($243k), Jefferson County United Way Inc ($243k) and Ralph and Nola Call Pioneer Heritage Foundation ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.