Fresh Start New Beginning

Analysis

Fresh Start New Beginning is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in April 2013, 13 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Fresh Start New Beginning reported income of $172k and spending of $213k, spending 124% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income grew from $103k to $172k (+67%), an average of +67% a year. The sharpest change came in the year to December 2020, when income rose by 67%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fresh Start New Beginning sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within AZ. Charities of a similar size with the same main cause include Helping One Helping Many ($172k), Halo Inc ($172k) and Bay Area Womens Coalition LLC ($172k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 62% and program service revenue 54% of the total. Other salaries and wages came to $41k. At year end it held assets of $105k against liabilities of $9,814, net assets of $95k.