Commercial Real Estate Alliance for Tomorrows Employees

Analysis

Commercial Real Estate Alliance for Tomorrows Employees is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Commercial Real Estate Alliance for Tomorrows Employees reported income of $103k and spending of $175k, spending 170% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $316k to $103k (-67%), an average of -24% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 119% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Commercial Real Estate Alliance for Tomorrows Employees sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Oakland African American Chamber Foundation ($103k), Incorporated Edwin Austin Abbey Memorial Scholarships for Mural Pa ($103k) and Ldor Vador Development Corp ($103k).

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 $462k against liabilities of $13k, net assets of $449k.