Christopher Newport University Real Estate Foundation Inc

Analysis

Christopher Newport University Real Estate Foundation Inc is a registered charity in United States, based in Newport News, VA. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Christopher Newport University Real Estate Foundation Inc reported income of $3.8m and spending of $4.1m, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.2m to $3.8m (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2021, when income rose by 35%. 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, Christopher Newport University Real Estate Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within VA. Charities of a similar size with the same main cause include Chelsea School ($3.8m), Bodine of Germantown Inc ($3.8m) and Harvester Christian Academy Inc ($3.8m).

Compensation of current officers, directors and key employees was $527k (13% of expenses). At year end it held assets of $121.3m against liabilities of $110.8m, net assets of $10.6m. It reported 1 employees.