Real Estate Investment Council Inc

Analysis

Real Estate Investment Council Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in January 1991, 35 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Real Estate Investment Council Inc reported income of $153k and spending of $157k, spending 102% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $134k to $153k (+14%), an average of +14% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Real Estate Investment Council Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Ann Arbor Rotary Foundation ($153k), Windhover Foundation Inc ($153k) and PTA South Carolina Congress ($153k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 62% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.