Real Life Skills Inc

Analysis

Real Life Skills Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in November 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 Life Skills Inc reported income of $51k and spending of $52k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $51k (+11%), an average of +11% a year. Over the whole period it spent 133% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Real Life Skills Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Foster Village Memphis ($51k), Welcome Home Foundation ($51k) and Ten18 Foundation Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $76k against liabilities of $673, net assets of $75k.