Regional Properties Inc

Analysis

Regional Properties Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 1969, 57 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Regional Properties Inc reported income of $3.6m and spending of $2.9m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $3.6m (+10%), an average of +2.5% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Regional Properties Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Small Business Assistance Corp ($3.6m), Integrated Resources Inc ($3.6m) and Women Corporate Directors Education and Development Foundation Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 78% of the total. At year end it held assets of $46.0m against liabilities of $7.7m, net assets of $38.3m.