Real Estate Alliance for Charity Inc

Analysis

Real Estate Alliance for Charity Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Real Estate Alliance for Charity Inc reported income of $167k and spending of $101k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $21k to $167k (+700%), an average of +700% a year. The sharpest change came in the year to December 2023, when income rose by 700%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Real Estate Alliance for Charity Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within WI. Charities of a similar size with the same main cause include Parc Endowment Fund ($167k), Project Still I Rise Inc ($167k) and Hope Full Farm ($167k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 125% of the total. At year end it held assets of $172k against liabilities of $470, net assets of $172k.