Auburn University Real Estate Foundation Inc

Analysis

Auburn University Real Estate Foundation Inc is a registered charity in United States, based in Auburn, AL. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Auburn University Real Estate Foundation Inc reported income of $4.4m and spending of $1.4m, leaving 67% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $130k to $4.4m (+3246%), an average of +140% a year. The sharpest change came in the year to September 2021, when income rose by 767%. Over the whole period it spent 24% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Auburn University Real Estate Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within AL. Charities of a similar size with the same main cause include Compass Facilities Inc ($4.4m), Focus Learning Academy of Southwestern Columbus ($4.4m) and Childrens Day School Inc ($4.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $114k (8.0% of expenses). At year end it held assets of $21.6m against liabilities of $1.5m, net assets of $20.1m. It reported 13 employees.