Arlington Life Shelter Real Estate

Analysis

Arlington Life Shelter Real Estate is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Arlington Life Shelter Real Estate reported income of $243k and spending of $455k, spending 188% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $161k to $243k (+51%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 246% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arlington Life Shelter Real Estate sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Petare-Latam Foundation Inc ($243k), Housing Equality & Advocacy Resource Team ($243k) and Open Door Food Kitchen of St Joseph ($243k).

At year end it held assets of $5.1m against liabilities of $5.9m, net assets of -$811k.

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.