Mahalo
San Francisco, CA

Revolutionary Economy For All Local People's Fund

EIN 87-1828856
Community & Economic Development Small Business & Entrepreneurship Communities of color Low-income Immigrants & refugees
Mission

To build community-controlled capital and economic power for BIPOC, immigrant, and low-income local communities by providing non-extractive capital, holistic business support, and political education that advances an inclusive, restorative local economy.

IRS-recognized 501(c)(3) Contributions are tax-deductible

About Revolutionary Economy For All Local People's Fund

Revolutionary Economy For All Local People's Fund (doing business as REAL People’s Fund) is a community-powered grantmaking and community-capital organization based in the Bay Area that targets collective wealth-building and decision-making for BIPOC and low-income entrepreneurs. The organization operates a combined program of non-extractive lending, equity-style investments, and holistic business support alongside political education to shift economic power to historically disinvested communities. The organization is a recognized 501(c)(3) public charity (EIN 87-1828856) and maintains an active web presence and public filings. In recent years it has published impact reports, deployed capital to local small businesses (including a series of loans to low-income LLCs), and received foundation support to grow its community capital work and programs.

Notable achievements

Federal tax-exempt recognition

Obtained 501(c)(3) public charity status (EIN 87-1828856) and established formal charitable operations, enabling tax-deductible contributions and formal grantmaking/loan activity.

Community loanmaking (≈ $2M)

Since program launch, the fund has made multiple loan awards to local low-income LLCs—totaling approximately $1.98 million across roughly 20 loans—providing accessible, non-extractive capital to small businesses in historically disinvested communities.

Established multi-million dollar asset base

Reported total assets in the low single-digit millions on recent filings (reported assets over $7 million on the most recent public filing year) and has used those resources to support loans, program operations, and partner-funded initiatives.

At a glance

Total assets
$7.1M
Annual revenue
$659K
Tax status
501(c)(3)
EIN
87-1828856
Location
San Francisco, CA
On Mahalo since
April 2026

Financial figures from the IRS Business Master File, the IRS’s registry of tax-exempt organizations.

Recognition

Listed and profiled in major nonprofit databases and tax-exempt records as an active public charity (recognized by nonprofit data platforms and public Form 990 filings).
Received institutional grant support and partnership-level funding from regional philanthropic partners to expand community capital and programmatic work.
Publishes annual or periodic public impact materials (including an impact report) and files Form 990 disclosures, demonstrating a level of transparency appropriate for donor-facing organizations.

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