Charlotte Regional Realtor Assoc Housing Opportunity Foundati

Analysis

Charlotte Regional Realtor Assoc Housing Opportunity Foundati is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in January 1989, 37 years ago. 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, Charlotte Regional Realtor Assoc Housing Opportunity Foundati reported income of $541k and spending of $526k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $554k to $541k (-2.3%), an average of -0.6% a year. The sharpest change came in the year to December 2020, when income rose by 75%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Charlotte Regional Realtor Assoc Housing Opportunity Foundati sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Arthurdale Heritage Inc ($541k), Las Familias Del Pueblo ($541k) and Raphael Academy ($541k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $2.1m against liabilities of $165k, net assets of $1.9m.