Realoptions

Analysis

Realoptions is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in January 1983, 43 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Realoptions reported income of $3.6m and spending of $4.5m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $3.6m (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Realoptions sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Eye Care for Kids ($3.6m), United Cerebral Palsy Association of San Diego County ($3.6m) and Chicano Awareness Center Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $151k (3.3% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $3.6m against liabilities of $1.5m, net assets of $2.1m. It reported 51 employees.