TLR Realty

Analysis

TLR Realty is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, TLR Realty reported income of $133k and spending of $141k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $129k to $133k (+3.0%), an average of +0.7% a year. Over the whole period it spent 114% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, TLR Realty sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within RI. Charities of a similar size with the same main cause include The Hyacinth Fellowship Inc ($133k), St Francis Community Inc ($133k) and Iafe Education Foundation ($133k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 35% of the total. At year end it held assets of $1.0m against liabilities of $1.1m, net assets of -$118k.

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.