Real Services Inc

Analysis

Real Services Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in August 1969, 57 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 June 2023, Real Services Inc reported income of $32.8m and spending of $34.2m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.2m to $32.8m (+63%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Real Services Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IN. Charities of a similar size with the same main cause include Community Action Program Belknap & Merrimack Counties Inc ($32.8m), Community Child Care Council of Sonoma County Inc ($32.9m) and Open Door Mission ($32.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $234k (0.7% of expenses). Other salaries and wages came to $9.6m. At year end it held assets of $14.9m against liabilities of $4.0m, net assets of $10.8m. It reported 308 employees.