Reality Ministries Inc

Analysis

Reality Ministries Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2024, Reality Ministries Inc reported income of $1.5m and spending of $1.4m, spending 94% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.2m to $1.5m (+22%), an average of +4.1% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 82% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Reality Ministries Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Community Training Works Inc ($1.5m), Boys & Girls Club of Adams County Inc ($1.5m) and Boy Scouts of America ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $85k (6.2% of expenses). Other salaries and wages came to $705k. At year end it held assets of $3.0m against liabilities of $11k, net assets of $3.0m. It reported 26 employees.