Real Life Village

Analysis

Real Life Village is a registered charity in United States, based in Cleveland, TN. It received its IRS tax-exemption ruling in March 2024, 2 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, Real Life Village reported income of $257k and spending of $91k, leaving 65% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $257k (+109%), an average of +109% a year. The sharpest change came in the year to December 2023, when income rose by 109%. Over the whole period it spent 38% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Real Life Village sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within TN. Charities of a similar size with the same main cause include Antioch Consolidated Association for Youth and Family Inc ($257k), Feeding Our Community Ourselves Inc ($257k) and Queensbury Senior Citizens Inc ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $65k (71% of expenses). At year end it held assets of $885k against liabilities of $650k, net assets of $235k.