CFS Real Property Inc

Analysis

CFS Real Property Inc is a registered charity in United States, based in Ewa Beach, HI. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, CFS Real Property Inc reported income of $2.3m and spending of $3.4m, spending 146% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $3.1m to $2.3m (-25%), an average of -9.3% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 111% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, CFS Real Property Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within HI. Charities of a similar size with the same main cause include Teamchild ($2.3m), Milpitas Charity Bingo Inc ($2.4m) and Technical Development Corporation ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 53% of the total. At year end it held assets of $16.7m against liabilities of $1.4m, net assets of $15.3m.

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.