Waterstone Real Estate Foundation

Analysis

Waterstone Real Estate Foundation is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in May 2021, 5 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Waterstone Real Estate Foundation reported income of $5.4m and spending of $602k, leaving 89% of income unspent that year. Across the 4 years on record, from March 2021 to March 2024, income grew from $2.2m to $5.4m (+145%), an average of +35% a year. The sharpest change came in the year to March 2022, when income rose by 387%. Over the whole period it spent 17% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Waterstone Real Estate Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include Front Porch Investments ($5.4m), Beygood Foundation ($5.4m) and United Way of Larimer County Inc ($5.4m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $18.7m against liabilities of $413k, net assets of $18.3m.