Sociedad Real Estate Holdings Inc

Analysis

Sociedad Real Estate Holdings Inc is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sociedad Real Estate Holdings Inc reported income of $104k and spending of $208k, spending 200% of what it took in. The sharpest change came in the year to June 2022, when income rose by 1145%. Over the whole period it spent 219% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Sociedad Real Estate Holdings 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 38th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include Tripp County 4-H Leaders Corporation ($104k), Pure Productions ($104k) and MHS Rowing Association ($104k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $4.6m against liabilities of $4.7m, net assets of -$61k.

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.