Foundation Realty

Analysis

Foundation Realty is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, Foundation Realty reported income of $243k and spending of $486k, spending 200% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $239k to $243k (+1.6%), an average of +0.4% a year. The sharpest change came in the year to December 2022, when income rose by 229%. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation Realty sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include Nami of Richland County Ohio ($242k), Xspring Allied Inc ($243k) and The Haven Michigan ($242k).

At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.