Real Estate Charitable Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,065,877 | 1,270,609 | −204,732 | 140.1 | 0% |
| 2012 | 1,059,694 | 1,270,518 | −210,824 | 139.0 | 0% |
| 2013 | 1,654,771 | 6,717,186 | −5,062,415 | 16.7 | 0% |
| 2014 | 38,081,551 | 7,969,369 | 30,112,182 | 59.4 | 0% |
| 2015 | 11,673,641 | 4,714,538 | 6,959,103 | 118.1 | 0% |
| 2016 | 4,106,187 | 6,508,380 | −2,402,193 | 81.2 | 0% |
| 2017 | 10,953,455 | 13,074,462 | −2,121,007 | 38.4 | 0% |
| 2018 | 17,819,104 | 5,726,752 | 12,092,352 | 113.1 | 0% |
| 2019 | 510,263 | 13,207,808 | −12,697,545 | 37.5 | 0% |
| 2020 | 4,204,580 | 3,196,988 | 1,007,592 | 158.8 | 0% |
| 2021 | 8,046,902 | 2,540,901 | 5,506,001 | 225.3 | 0% |
| 2022 | 308,737 | 8,631,561 | −8,322,824 | 54.9 | 0% |
| 2023 | −928,843 | 1,933,127 | −2,861,970 | 227.4 | 0% |
In its most recent public year (2023), this organization spent $2,861,970 more than it brought in. Its reserves stood at about 227.4 months of spending, up from 140.1 in 2011. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Real Estate Charitable Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works