Real Estate Foundation of San Luis Obispo County

Analysis

Real Estate Foundation of San Luis Obispo County is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Real Estate Foundation of San Luis Obispo County reported income of $598k and spending of $41k, leaving 93% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $576k to $598k (+3.8%), an average of +0.9% a year. The sharpest change came in the year to December 2023, when income rose by 3358%. Over the whole period it spent 11% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Real Estate Foundation of San Luis Obispo County sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Changing Lives Foundation ($598k), Welcome Neighbor STL Inc ($598k) and United Way of Portage County Inc ($598k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.3% of the total. At year end it held assets of $415k against liabilities of $177k, net assets of $238k.