Real Life Ministries
Analysis
Real Life Ministries is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Real Life Ministries reported income of $146k and spending of $141k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $220k to $146k (-34%), an average of -9.8% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 82% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Real Life Ministries sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within CO. Charities of a similar size with the same main cause include Thadds Place ($146k), Lacomo Inc ($146k) and Sociedad Pro Ninos Sordos de Puerto Rico Inc ($146k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $108k (76% of expenses). At year end it held assets of $257k against liabilities of $5,872, net assets of $251k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Thadds Place | John Day | $146k |
| Lacomo Inc | Higginsville | $146k |
| Sociedad Pro Ninos Sordos de Puerto Rico Inc | Ponce | $146k |
| United Family Service Inc | Fremont | $146k |