The North Carolina A&t Real Estate Foundation Inc

Analysis

The North Carolina A&t Real Estate Foundation Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in May 1968, 58 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 June 2023, The North Carolina A&t Real Estate Foundation Inc reported income of $34.2m and spending of $33.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.7m to $34.2m (+194%), an average of +31% a year. The sharpest change came in the year to June 2020, when income rose by 123%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The North Carolina A&t Real Estate Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within NC. Charities of a similar size with the same main cause include Sports Leadership and Management Inc ($34.2m), Miles College ($34.2m) and Fay School Inc ($34.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $292k (0.9% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $189.3m against liabilities of $134.7m, net assets of $54.6m.