Real Estate Ministries of Dallas Inc

Analysis

Real Estate Ministries of Dallas Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 1993, 33 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, Real Estate Ministries of Dallas Inc reported income of $132k and spending of $155k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $132k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Real Estate Ministries of Dallas Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Elm Grove Junior Guild ($132k), Haddonfield Ambulance Association Incorporated ($132k) and Pregnancy Options Wisconsin Education Resources & Support ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.