Bakersfield Association of Realtors Charitable Foundation Inc

Analysis

Bakersfield Association of Realtors Charitable Foundation Inc is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in July 2015, 11 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, Bakersfield Association of Realtors Charitable Foundation Inc reported income of $77k and spending of $54k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $77k (+80%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bakersfield Association of Realtors Charitable Foundation Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Telugu Society of America Inc ($77k), Miami Youth Orchestra Inc ($77k) and Unified School District 248 Education Foundation ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $206k against liabilities of $3,608, net assets of $203k.