Operation Fresh Start Inc

Analysis

Operation Fresh Start Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in May 1971, 55 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 September 2023, Operation Fresh Start Inc reported income of $4.9m and spending of $4.7m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.7m to $4.9m (+33%), an average of +7.4% a year. The sharpest change came in the year to September 2022, when income rose by 29%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Operation Fresh Start Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within WI. Charities of a similar size with the same main cause include Center for Entrepreneurial Development ($4.9m), Nye Communities Coalition ($4.9m) and Goodwill Specialty Services Inc ($4.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $151k (3.2% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $6.9m against liabilities of $805k, net assets of $6.1m. It reported 165 employees.