Austin Board of Realtors Foundation

Analysis

Austin Board of Realtors Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in January 1978, 48 years ago. 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, Austin Board of Realtors Foundation reported income of $123k and spending of $157k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $123k (-90%), an average of -44% a year. The sharpest change came in the year to December 2020, when income dropped by 88%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Austin Board of Realtors Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include American Friends of Beth Jechiel Torah Center ($123k), Jesus Peoples Evangelistic Center ($123k) and Little League Baseball Inc ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.

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.