Realize Impact

Analysis

Realize Impact is a registered charity in United States, based in Bainbridge Is, WA. It received its IRS tax-exemption ruling in June 2014, 12 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, Realize Impact reported income of $14.7m and spending of $7.2m, leaving 51% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $2.6m to $14.7m (+468%), an average of +78% a year. The sharpest change came in the year to December 2021, when income rose by 189%. Over the whole period it spent 34% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Realize Impact sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within WA. Charities of a similar size with the same main cause include Typical Life Corporation ($14.7m), Social Current Inc ($14.7m) and Brighter Bites ($14.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $179k (2.5% of expenses). Other salaries and wages came to $52k. At year end it held assets of $21.3m against liabilities of $163k, net assets of $21.1m. It reported 3 employees.