Fresh Start Transitional Homes Inc

Analysis

Fresh Start Transitional Homes Inc is a registered charity in United States, based in New Baltimore, MI. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover mental health and crisis intervention, 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, Fresh Start Transitional Homes Inc reported income of $2.5m and spending of $2.4m, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.5m (+60%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 36%. 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, Fresh Start Transitional Homes Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within MI. Charities of a similar size with the same main cause include Bethel Lutheran Foundation ($2.5m), The Society for Womens Health Research ($2.5m) and Greenwood-Edgefield-Mccormick- Abbeville Comm on Alc & Drug Abuse ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $125k (5.3% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $125k against liabilities of $0, net assets of $125k. It reported 42 employees.