Real Love Company Inc

Analysis

Real Love Company Inc is a registered charity in United States, based in Rome, GA. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Real Love Company Inc reported income of $190k and spending of $203k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $202k to $190k (-5.7%), an average of -1.5% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Real Love Company Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within GA. Charities of a similar size with the same main cause include Nine 12 Ministry ($190k), Greater Ideal Baptist Church ($190k) and Camp Sunshine Supporting Fund Inc ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $45k (22% of expenses). Other salaries and wages came to $39k. At year end it held assets of $170k against liabilities of $8,029, net assets of $162k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.