Main Line Realty Corporation
Main Line Realty Corporation: Strong Asset Growth, Low Transparency
EIN: 222440273 · Radnor, PA · NTEE: E210 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $15.9M |
| Total Expenses | $6.8M |
| Program Spending | 70% |
| Net Assets | $71.3M |
| Transparency Score | 65/100 |
Is Main Line Realty Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Main Line Realty Corporation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Main Line Realty Corporation
Main Line Realty Corporation (EIN: 222440273) is a nonprofit organization based in Radnor, PA, classified under NTEE code E210. The organization reported total revenue of $15.9M and total assets of $69.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Main Line Realty Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Main Line Realty Corporation is a large nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.4M |
| Total Expenses | $6.8M |
| Surplus / Deficit | +$7.6M |
| Total Assets | $80.5M |
| Total Liabilities | $9.2M |
| Net Assets | $71.3M |
| Operating Margin | 52.7% |
| Debt-to-Asset Ratio | 11.4% |
| Months of Reserves | 142.0 months |
Financial Health Grade: A
In 2023, Main Line Realty Corporation reported a surplus of $7.6M with revenue exceeding expenses, holds 142.0 months of operating reserves (strong position), has a debt-to-asset ratio of 11.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Main Line Realty Corporation's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.7% | +6.5% | +9.0% |
| 2022 | +41.0% | +21.9% | +9.1% |
| 2021 | -20.4% | -21.9% | +4.7% |
| 2020 | -11.0% | -12.2% | -0.7% |
| 2019 | +14.5% | +4.6% | +9.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Main Line Realty Corporation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Main Line Realty Corporation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.4%.
Executive Compensation Analysis
Executive compensation is not disclosed in the provided financial data, which is a significant transparency concern for a nonprofit of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Main Line Realty Corporation's IRS 990 filings:
- Lack of detailed program expense breakdown in financial filings.
- No public disclosure of executive compensation.
- Absence of an easily accessible annual report or mission-focused impact statement.
- High administrative expenses relative to program spending in some years.
- Significant increase in assets without clear corresponding program growth explanations.
Strengths
The following positive indicators were identified for Main Line Realty Corporation:
- Consistent revenue generation over several years.
- Substantial and growing asset base ($69,111,482 in 2023).
- Positive net assets indicating financial stability.
- Low liability-to-asset ratio.
- Long operational history (data back to 2016).
Frequently Asked Questions about Main Line Realty Corporation
Is Main Line Realty Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Main Line Realty Corporation (EIN: 222440273) some concerns. Mission Score: 65/100. 5 red flags identified, 5 strengths noted.
How does Main Line Realty Corporation spend its money?
Main Line Realty Corporation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Main Line Realty Corporation tax-deductible?
Main Line Realty Corporation is registered as a tax-exempt nonprofit (EIN: 222440273). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Main Line Realty Corporation's spending goes to programs?
Main Line Realty Corporation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Main Line Realty Corporation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Main Line Realty Corporation is above average for NTEE category E210 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Main Line Realty Corporation located?
Main Line Realty Corporation is headquartered in Radnor, Pennsylvania and files with the IRS under EIN 222440273. It is classified under NTEE code E210.
How many years of IRS 990 filings does Main Line Realty Corporation have?
Main Line Realty Corporation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $15.9M in total revenue.
What does Main Line Realty Corporation do?
Main Line Realty Corporation is a nonprofit organization in the Health Care sector, located in Radnor, Pennsylvania. It is classified under NTEE code E210.
How much revenue does Main Line Realty Corporation have?
Main Line Realty Corporation reported total revenue of $15,927,738. Based on 13 IRS 990 filings on record.
What are Main Line Realty Corporation's total assets?
Main Line Realty Corporation holds total assets of $69,111,482 as reported in IRS 990 filings.
Where is Main Line Realty Corporation located?
Main Line Realty Corporation is based in Radnor, Pennsylvania.
What is Main Line Realty Corporation's EIN?
Main Line Realty Corporation's Employer Identification Number (EIN) is 222440273. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Main Line Realty Corporation?
Main Line Realty Corporation is classified under NTEE code E210 (Health Care).
Is Main Line Realty Corporation a registered 501(c)(3)?
Yes, Main Line Realty Corporation is recognized as a tax-exempt organization by the IRS. EIN: 222440273.
Does Main Line Realty Corporation file IRS Form 990?
Yes, Main Line Realty Corporation has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Main Line Realty Corporation's revenue in 2023?
In the 202306 filing period, Main Line Realty Corporation reported total revenue of $14,385,740, total expenses of $6,804,520, and net assets of $80,511,193.
Is Main Line Realty Corporation's revenue growing or declining?
Main Line Realty Corporation's revenue is growing. Revenue went from $13,488,538 (202206) to $14,385,740 (202306), a +6.7% change. Based on 13 filings on record.
What is Main Line Realty Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Main Line Realty Corporation covers tax period 202306. It shows revenue of $14,385,740, expenses of $6,804,520, total assets of $80,511,193, and liabilities of $9,165,382.
How much does Main Line Realty Corporation spend on programs vs administration?
Based on IRS 990 analysis, Main Line Realty Corporation allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Main Line Realty Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Main Line Realty Corporation shows mixed signals. Mission Score: 65/100 (Good). 5 red flags identified. 5 strengths noted.
What are the red flags for Main Line Realty Corporation?
The following concerns were identified: Lack of detailed program expense breakdown in financial filings.. No public disclosure of executive compensation.. Absence of an easily accessible annual report or mission-focused impact statement.. High administrative expenses relative to program spending in some years.. Significant increase in assets without clear corresponding program growth explanations.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Main Line Realty Corporation's strengths?
Positive indicators for Main Line Realty Corporation include: Consistent revenue generation over several years.. Substantial and growing asset base ($69,111,482 in 2023).. Positive net assets indicating financial stability.. Low liability-to-asset ratio.. Long operational history (data back to 2016).. These findings are derived from AI analysis of the organization's financial filings.
How does Main Line Realty Corporation compensate executives?
Executive compensation is not disclosed in the provided financial data, which is a significant transparency concern for a nonprofit of this size. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the substantial asset growth from $49,662,660 in 2016 to $69,111,482 in 2023, what specific strategies are employed to leverage these assets for direct programmatic impact, beyond general operational support?
The filings indicate significant asset accumulation, but specific strategies for deploying these assets directly into programs are not detailed. Further inquiry into their investment policies and how returns are allocated to mission-related activities is needed.
With total expenses (x) ranging from $1,873,342 in 2016 to $6,804,520 in 2023, how does Main Line Realty Corporation ensure that administrative and fundraising costs remain efficient and directly support the organization's mission, especially without explicit breakdowns?
Without explicit breakdowns of administrative and fundraising costs, it's challenging to assess efficiency. The total expenses have increased significantly, and understanding the allocation between program delivery, overhead, and fundraising is crucial for evaluating operational effectiveness.
Filing History
IRS 990 filing history for Main Line Realty Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Main Line Realty Corporation's revenue has grown by 70.9%, moving from $8.4M to $14.4M. Total assets increased by 340.4% over the same period, from $18.3M to $80.5M. Total functional expenses rose by 223.4%, from $2.1M to $6.8M. In its most recent filing year (2023), Main Line Realty Corporation reported a surplus of $7.6M, with revenue exceeding expenses. The organization holds $9.2M in liabilities against $80.5M in assets (debt-to-asset ratio: 11.4%), resulting in net assets of $71.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.4M | $6.8M | $80.5M | $9.2M | — | View 990 |
| 2022 | $13.5M | $6.4M | $73.9M | $10.3M | — | View 990 |
| 2021 | $9.6M | $5.2M | $67.7M | $10.7M | — | View 990 |
| 2020 | $12.0M | $6.7M | $64.7M | $11.9M | — | View 990 |
| 2019 | $13.5M | $7.6M | $65.1M | $5.7M | — | View 990 |
| 2018 | $11.8M | $7.3M | $59.4M | $6.1M | — | View 990 |
| 2017 | $6.6M | $2.0M | $54.7M | $5.8M | — | — |
| 2016 | $7.7M | $1.9M | $49.7M | $5.3M | — | View 990 |
| 2015 | $8.4M | $2.0M | $44.1M | $5.5M | — | View 990 |
| 2014 | $9.6M | $2.2M | $37.8M | $5.5M | — | View 990 |
| 2013 | $9.4M | $2.4M | $30.4M | $5.6M | — | View 990 |
| 2012 | $8.9M | $2.3M | $23.6M | $5.8M | — | View 990 |
| 2011 | $8.4M | $2.1M | $18.3M | $6.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.4M, expenses of $6.8M, and assets of $80.5M (revenue +6.7% year-over-year).
- 2022: Revenue of $13.5M, expenses of $6.4M, and assets of $73.9M (revenue +41.0% year-over-year).
- 2021: Revenue of $9.6M, expenses of $5.2M, and assets of $67.7M (revenue -20.4% year-over-year).
- 2020: Revenue of $12.0M, expenses of $6.7M, and assets of $64.7M (revenue -11.0% year-over-year).
- 2019: Revenue of $13.5M, expenses of $7.6M, and assets of $65.1M (revenue +14.5% year-over-year).
- 2018: Revenue of $11.8M, expenses of $7.3M, and assets of $59.4M (revenue +79.5% year-over-year).
- 2017: Revenue of $6.6M, expenses of $2.0M, and assets of $54.7M (revenue -14.2% year-over-year).
- 2016: Revenue of $7.7M, expenses of $1.9M, and assets of $49.7M (revenue -8.7% year-over-year).
- 2015: Revenue of $8.4M, expenses of $2.0M, and assets of $44.1M (revenue -12.6% year-over-year).
- 2014: Revenue of $9.6M, expenses of $2.2M, and assets of $37.8M (revenue +2.2% year-over-year).
- 2013: Revenue of $9.4M, expenses of $2.4M, and assets of $30.4M (revenue +5.6% year-over-year).
- 2012: Revenue of $8.9M, expenses of $2.3M, and assets of $23.6M (revenue +5.7% year-over-year).
- 2011: Revenue of $8.4M, expenses of $2.1M, and assets of $18.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Main Line Realty Corporation:
Data Sources and Methodology
This transparency report for Main Line Realty Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.