Real Life Ministries

Analysis

Real Life Ministries is a registered charity in United States, based in Albertville, AL. It received its IRS tax-exemption ruling in May 1993, 33 years ago. 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, Real Life Ministries reported income of $196k and spending of $189k, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $267k to $196k (-27%), an average of -9.8% a year. The sharpest change came in the year to December 2021, when income dropped by 43%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Real Life Ministries sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within AL. Charities of a similar size with the same main cause include Gene Lewis Boxing Club ($196k), By the Way Inc ($196k) and Little League Baseball Inc ($196k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 124% of the total. Compensation of current officers, directors and key employees was $90k (48% of expenses). At year end it held assets of $488k against liabilities of $3,248, net assets of $485k. It reported 6 employees.