Reality House West

Analysis

Reality House West is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in November 1970, 56 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 June 2023, Reality House West reported income of $3.0m and spending of $3.3m, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.2m to $3.0m (+38%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reality House West sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include First Maryland Disability Trust Inc ($3.0m), Advocate Hostels Holding Inc ($3.0m) and Street Roots ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $68k (2.1% of expenses). Other salaries and wages came to $698k. At year end it held assets of $2.0m against liabilities of $8.4m, net assets of -$6.3m. It reported 1 employees.