Keller Williams Realty Cares

Analysis

Keller Williams Realty Cares is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 December 2023, Keller Williams Realty Cares reported income of $5.2m and spending of $5.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.9m to $5.2m (-12%), an average of -3.2% a year. Over the whole period it spent 103% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Keller Williams Realty Cares sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Enka Candler Fire and Rescue Inc ($5.2m), Third District Volunteer Fire Department ($5.2m) and Cape Canaveral Volunteer Fire Dept Inc ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $206k (3.9% of expenses). Other salaries and wages came to $507k. At year end it held assets of $17.3m against liabilities of $262k, net assets of $17.0m. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.