The Uwm Real Estate Foundation Inc

Analysis

The Uwm Real Estate Foundation Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, The Uwm Real Estate Foundation Inc reported income of $6.8m and spending of $6.7m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.8m to $6.8m (+16%), an average of +3.9% a year. The sharpest change came in the year to June 2023, when income rose by 933%. Over the whole period it spent 141% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Uwm Real Estate Foundation Inc 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 93rd percentile, and in the 94th percentile within WI. Charities of a similar size with the same main cause include Housing Partners of Tulsa Inc ($6.8m), Shaker Pointe at Carondelet ($6.8m) and Youville House Inc ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.0% and program service revenue 81% of the total. At year end it held assets of $63.2m against liabilities of $76.6m, net assets of -$13.4m.