Realtime Initiatives

Analysis

Realtime Initiatives is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in June 2018, 8 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 (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 2022, Realtime Initiatives reported income of $62k and spending of $50k, spending 81% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $57k to $62k (+7.8%), an average of +3.8% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Realtime Initiatives sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within MI. Charities of a similar size with the same main cause include Cloud County Foundation for Health Care Inc ($62k), Gabes My Heart Inc ($62k) and Teamup Against Cancer ($62k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $33k (65% of expenses). Other salaries and wages came to $1,656. At year end it held assets of $37k against liabilities of $0, net assets of $37k.