Community Foundation Realty Inc

Analysis

Community Foundation Realty Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in December 1992, 34 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Community Foundation Realty Inc reported income of $418k and spending of $243k, leaving 42% of income unspent that year. Across the 5 years on record, from April 2019 to April 2023, income fell from $33.7m to $418k (-99%), an average of -67% a year. The sharpest change came in the year to April 2022, when income rose by 266%. Over the whole period it spent 6.8% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Foundation Realty Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within TN. Charities of a similar size with the same main cause include Pioneer House Inc ($418k), University of Louisiana System Foundation ($418k) and Guilford Interfaith Ministries Inc ($418k).

At year end it held assets of $51.3m against liabilities of $939k, net assets of $50.3m.